The BBC was the world's first national broadcasting organization and was founded on 18 October 1922 as the British Broadcasting Company Ltd .
The British Broadcasting Corporation , usually referred to by its abbreviation as the " BBC " is the world's oldest and largest broadcaster .
The original Company was founded in 1922 by a group of six telecommunications companies.
Radio Communication Company.
General Electric .
Western Electric .
British Thomson-Houston .
The first transmission was on 14 November 1922, from station 2LO , located at Marconi House.
The Company, with John Reith as general manager, became the British Broadcasting Corporation in 1927 when it was granted its first Royal Charter of incorporation and ceased to be privately owned
Content Groups: Journalism (News, Sport and Global News)
Vision television production
Audio & Music (radio and music production)
Future Media & Technology (web-based services plus Research and Development )
Operations (policy, strategy, legal, property and distribution)
Marketing, Communications and Audiences
BBC People (human resources and training)
BBC Worldwide Ltd
BBC Studios and Post Production Ltd , formerly BBC Resources
The BBC has the largest budget of any UK broadcaster with an operating expenditure of £4.3 billion in 2007  compared to £3.8 billion for British Sky Broadcasting ,  £1.9 billion for ITV  and £214 million in 2007 for GCap Media (the largest commercial radio broadcaster).
The principal means of funding the BBC is through the television license, costing £142.50 per year per household (as of May 2009).
a license is required to receive broadcast television within the UK.
The cost of a television license is set by the government.
A discount is available for households with only black-and-white television sets.
Funds are then allocated by the Department of Culture, Media and Sport (DCMS) and the Treasury and approved by Parliament via legislation.
Income from commercial enterprises and from overseas sales of its catalogue of programmers' has substantially increased over recent years, with BBC Worldwide contributing some £145 million to the BBC's core public service business.
According to the BBC's 2008–2009 Annual Report,  its income can be broken down as follows:
£3,368.8 million (£3.37bn) in license fees collected from householders.
£719.6M from BBC Commercial Businesses.
£283.6M from government grants.
£42.8M from other income, such as providing content to overseas broadcasters and concert ticket sales.
The BBC gave two forms of expenditure statement for the financial year 2005-2006.
The amount of each license fee spent monthly breaks down.
Monthly cost ( GBP )
BBC ONE ( £3.52)
BBC TWO ( £1.52)
Transmission and collection costs ( £1.08)
Nations and English Regions television ( £1.04)
BBC Radio 1, 2, 3, 4 and Five Live ( £1.02)
Digital television channels ( £1.00)
Nations' and local radio ( 68p)
BBC Online ( 36p)
BBC jam ( 14p)
Digital radio stations ( 10p)
Interactive TV ( BBC Red Button ) ( 8p)
The total broadcasting spend for 2005-2006.
Department Total cost ( £million )
BBC Online 72
BBC jam 36
Interactive TV (BBCi) 18
Local radio and regional televisio 370
Programme related spend 338
Overheads and Digital UK 315
Transmission and collection costs 320
Television: In the UK, BBC One and BBC Two are the BBC's flagship television channels. Several digital only stations are also broadcast: BBC Three , BBC Four , BBC News Channel , BBC Parliament , and two children's channels, CBBC and CBeebies .
Radio: Radio 1 ( new music and entertainment")
Radio 2 (the UK's most listened to radio station,
Radio 3 (classical and jazz music)
Radio 4 (current affairs, factual, drama and comedy)
Radio 5 Live (24 hour news, sports and talk)
The division of programmes
Light entertainment (variety shows, soap operas, situation comedies, game shows)
BBC Executive Committee
The BBC’s day-to-day operations are run by 16 divisions. Their directors report to the director-general, forming the Executive Committee.
The director-general is chief executive and editor-in-chief. BBC governors appoint the director-general and, with him/her, senior management
Each division's performance is regularly assessed by the BBC’s governors.
Every July, BBC governors publish an Annual Report to license payers and Parliament which assesses the BBC's performance against objectives over the past year
BBC 1 & BBC 2 – license fees from viewers , sale of programmers, hire and sale of educational films based on programmers . Do not get any of their revenue through advertising.
BBC World – an advertiser funded channel, with 24-hour news, information and analysis.