BBC ITV. However, the BBC monopoly on radio services would persist until 8 October 1973 when under the control of the newly renamed Independent Broadcasting Authority (IBA), the UK's first Independent local radio station, LBC came on-air in the London area. As a result of the Pilkington Committee report of 1962, in which the BBC was praised for the quality and range of its output, and ITV was very heavily criticised for not providing enough quality programming, the decision was taken to award the BBC a second television channel, BBC2, in 1964, renaming the existing service BBC1. BBC2 used the higher
BBC Studios would be merged into BBC Studios effective 1 April 2018. The BBC stated that by handling both the production and sales of its programming within one unit, it would improve efficiency and be in line with the "global norms" of other major international media companies. Technically, BBC Ventures Group Ltd. was renamed BBC Studios Group Ltd. on 3 April 2018, and then BBC Studios Ltd. 1 October 2018; also in October, the production company established in 2015 was renamed BBC Studios Productions Ltd., and so did BBC Worldwide Ltd., which was renamed BBC Studios Distribution Ltd. BBC Studios BBC Studios