UK

Ex-BBC boss apologizes for $163M digital failure

LONDON (AP) — The former boss of the BBC has apologized for the failure of its digital media plan, which wasted almost 100 million pounds ($163 million) of taxpayer funds.

Mark Thompson, who left the BBC in 2012 to become the chief executive of The New York Times, was one of several current and former BBC employees testifying about the failed plan before a British parliamentary committee.

He said Monday the plan "failed as a project," despite earlier giving evidence that it was working well. A government audit found that the BBC's Digital Media Initiative — which aimed to create an integrated digital production and archiving system — ran aground because of confusion and poor planning.

It was quickly scrapped by current BBC chief Tony Hall after he began in April 2013.

Related Headlines

  • Lloyds lifts bonus pool, confirms dividend return

    Taxpayer-backed Lloyds has backed an increase in its bonus pool and confirmed its plan to pay a dividend for the first time in years. The British lender said Thursday it is ... 

  • Airbus launches new planes in wide body family

    Airbus has launched updated versions of its A330 wide body aircraft in a bit to improve fuel efficiency, increase range and help the aircraft compete against Boeing's 787 ... 

  • UK Royal Mint unveils new pound coin

    After 30 years of work, Britain's pound coin is ready for a makeover. The Royal Mint announced plans Wednesday to replace the weighty flat piece with a 12-sided coin made with ... 

  • What's a bitcoin? A look at the digital currency

    Early Tuesday, the world's most established exchange for bitcoin disappeared from the Internet, sending the price of the virtual currency tumbling and prompting fears that the ...