As Guido has long predicted, the BBC’s declining audience share meant that YouTube overtook the state broadcaster as the most-watched outlet by Brits earlier this year. YouTube is bigger than the BBC…
Now regulators are running to catch up. New ‘prominence’ rules being considered by Starmer after his ill-advised reset with the EU, the BBC could be given special treatment as an organisation hand-picked by ministers. Attempts are being made to ask social media platforms to change their display algorithms to give more ‘prominence’ to this content. In other words, some want to try to force YouTube and other video sites to give ‘prominence’ to the BBC over every other creator…
That’s ironic as the video sites themselves are massive net givers to the creative economy: YouTube alone contributed 7 billion Euros to the EU’s otherwise faltering media market in 2024. In the UK, that platform alone has added more than £2 billion to GBP…
State regulation of poplar platforms never works. Starmer’s internet crackdown is reaching insane new levels…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”