The BBC has agreed to sell the studio complex behind EastEnders, including the iconic Albert Square, at Elstree, Hertfordshire, as part of a cost-cutting measure to raise funds and meet a savings target of £500 million. The broadcaster has faced criticism for spending £87 million on expanding the EastEnders set and is now selling it off for less than that. The set will be leased back for 25 years. This move comes as the BBC looks to make significant annual savings and faces pressure to cut costs amid cancellations of TV license fees by Brits.
BBC urged to sack 'overpaid presenters' as it sells iconic EastEnders set in desperate savings drive https://t.co/r1rDtwOZPx
'EastEnders' Set Studio Sold and Leased Back by BBC to Meet Savings Target https://t.co/b3evB1tijH
EastEnders set at Elstree will be leased for 25 years as the BBC looks for £500m Read more 🔗 https://t.co/j9194wBrd0
BBC sells off EastEnders set in cost-cutting measure https://t.co/ULBu6DMcoC
BBC to sell EastEnders set at Elstree as part of deal to make savings Read more🔗 https://t.co/jcrWNjIER9
Albert Square is being sold as the BBC tries to find £500m in annual savings. https://t.co/778xF0j6n6
The BBC has agreed a deal to sell the EastEnders set and its other studios at Elstree, Hertfordshire, as part of a drive to raise funds. https://t.co/H69wrIbKNL
The BBC has sold off the studio complex behind EastEnders as the broadcaster scrambles to raise funds while many Brits cancel their licence fee. The BBC has blown £87 million on expanding the Eastenders set and is now selling it off for less than that! #DefundTheBBC
BBC agrees to sell EastEnders set at Elstree to raise funds https://t.co/dUPMc0nXVd
The BBC has sold off the studio complex behind EastEnders as the broadcaster scrambles to raise funds Find out more ⬇️ https://t.co/CG70At0CSv