

The
Political Economy of the BBC
Although
the BBC was funded by licence fee, it was not the case that the BBC
did not operate with commercial imperatives. For a successful contemporary
novelist such as Compton Mackenzie, his central involvement in the new
medium of storytelling was crucial to the successful marketing of his
fictional writing as well as the marketing and hyperbole promotion of
his celebrity status. The Radio Times and Listener magazines were crucial
in complementing the BBC's income and the degree to which this commercialism
was operable is evident in any study of the advertisement content of
the Radio Times. It is also symbolic of Britain's economy which was
a global imperialist structure predicated more on imperialist protectionism
than free trade. Empire and dominions provided raw materials and comestibles
such as butter, apples, tea, oranges, and coffee. Britain's manufacturing
base returned the electrical and engineering products such as ships,
cars, fridges, and machinery. It was so iniquitous that by 1939, India
did not have the manufacturing capacity to produce one small metal pin.
The following series of adverts commissioned from the Empire Marketing
Board to appear in 1929 editions of the Radio Times illustrate the nature
of the economy:


Page
583, The Radio Times, June 14, 1929. Page 484, The Radio Times, November
15, 1929.


Page
643, The Radio Times, June 21, 1929. Page 197, The Radio Times, July
26, 1929.


Page
95, The Radio Times, July 12, 1929. Page 35, The Radio Times, July 5,
1929.

Page
393, The Radio Times, August 23, 1929.
The BBC
was not permitted to promote its merchandising, or transmit advertisements
'on air' but it did not miss an opportunity of cross-promoting traditional
publication products such as books and magazines:

Advert
on page 949 of the Radio Times for December 27, 1929
Furthermore
the BBC enclosed freepost self-addressed postcards for Radio Times readers
offering 'gratis, free specimen copy of "The Listener" as
a means for cross-promoting its developing magazine division. It cannot
be denied that the process of BBC funding had a profit motive in 1929
since the Treasury and Post Office took a considerable percentage rake-off
from licence fund income as this graph from the BBC's 1933 Yearbook
rather graphically shows:

The
lighter shade represents Post Office and Treasury share which by 1932
was rougly 50% and in the region of £1,250,000. (page 87, BBC
Yearbook for 1933, London: British Broadcasting Corporation.)

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