BBC3 faces £10m budget cut

From Maggie Brown in Media Guardian:

Digital youth channel BBC3 is to have £10m lopped off its annual budget, reducing it to around £83m for the current financial year.

This is believed to be the largest single cut to any one BBC service in the current financial year and because it represents more than 10% of BBC3's budget, had to be agreed by the BBC Trust.

BBC3's budget is expected to stay at £83m for the next BBC financial year, the 12 months to March 31 2010.