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May 17, 2016 11:38 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fGIJn_jMUtU/
The Facebook effect: BBC cuts Food site, local news and more factual content to save 15M
While theBBC is planningto takeon Netflix by buildingits own “Britflix” on-demand video streaming service,on the news front, it looks like the UK media giant is cutting back to shore up its funds and figure out a better way of competing against (or within!) Facebook. Today, the many-tentacled public broadcasterconfirmedthat it would be closing down and… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/fGIJn_jMUtU/
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