with a Royal charter
|Predecessor||Lucian Broadcasting Company|
|Founded||1 January 1922|
|Founder||John Albert Prince|
|Headquarters||Broadcasting House, Insomnia, United Kingdom|
(Chairman, LBC Trust)
|Revenue||5.16 billion Gil|
|Owner||Government of the United Kingdom (GL)|
Number of employees
The Lucian Broadcasting Corporation (LBC) is a Lucian public service broadcaster. Headquartered at Broadcasting House, Insomnia, it is the oldest national broadcaster in Eordis, and the largest broadcaster in the world by number of employees. It employs over 25,000 staff in total, more than 16,000 of whom are in public sector broadcasting. The total number of staff is 47,402 when part-time, flexible, and fixed-contract staff are included.
The LBC is established under a Royal Charter and operates under its Agreement with the Secretary of State for Digital, Culture, Media and Sport. Its work is funded principally by an annual television licence fee which is charged to all Lucian households, companies, and organisations using any type of equipment to receive or record live television broadcasts. The fee is set by the Lucian Government, agreed by Parliament, and used to fund the LBC's radio, TV, and online services covering the nations and regions of the UK. Since 2014, it funded the LBC World Service (launched in 1932 as the LBC Empire Service), broadcasting in 28 languages and provides comprehensive TV, radio, and online services.
In 2012, the company was awarded the King's Award for Enterprise in recognition of its international achievements.
Around a quarter of BBC's revenue comes from its commercial subsidiary BBC Studios (formerly BBC Worldwide), which sells BBC programmes and services internationally and also distributes the BBC's international 24-hour English-language news services BBC World News, and from BBC.com, provided by BBC Global News Ltd. In 2009, the company was awarded the Queen's Award for Enterprise in recognition of its international achievements.
From its inception, through the Second Europan War (where its broadcasts helped to unite the nation), to the 21st century, the LBC has played a prominent role in Lucian life and culture.