At the FT’s digital media and broadcasting conference in London yesterday, it was pretty clear which players are in the driving seat as the British television world gets turned upside down.

The BBC, clearly, is one. As Andy Duncan, CEO of Channel 4, pointed out, the sharp contraction in TV advertising is about to tilt the market even more in favour of the Beeb, whose licence fee revenues will keep rising whatever the pain being felt elsewhere. The BBC’s £3.6bn this year will exceed the advertising base of the free-to-air broadcasters by £1bn, and according to Duncan could result in it eventually dominating TV as it does radio, where it owns 55 per cent of the audience. Read more