<div>The BBC said it will cut more than 1,000 jobs because it expects to receive 150 million pounds ($234 million) less than forecast from the licence fee next financial year as viewers turn off televisions and watch programmes on the Internet.</div><div> </div><div>Every UK household with a television has to pay 145.50 pounds a year to the BBC, a public service broadcaster which was founded in 1922.</div><div> </div><div>"The licence fee income in 2016/17 is now forecast to be 150 million pounds less than it was expected to be in 2011," the BBC said in a statement.</div><div> </div><div>"This is because as more people use iPlayer, mobiles and online catch-up, the number of households owning televisions is falling. It also provides further evidence of the need for the licence fee to be modernised to cover digital services."</div><div> </div><div>Only 69 percent of viewing by British adults is now through live TV and among 16 to 24-year-olds, only 50 percent of viewing is done through live TV, the country's telecoms regulator said.</div><div> </div><div>(Reuters)</div>
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