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Nearly ONE MILLION Brits cancel TV licence as ‘Netflix effect’ sees them ditch BBC

RECORD numbers of Brits are ditching overpriced TV licenses for Netflix subscriptions, it has been claimed.

A staggering 860,000 were cancelled in 2017/18 - a huge increase on the 798,000 stopped in 2016/17.

 Netflix reportedly has an estimated 9.78m UK subscribers

Getty - Contributor

Netflix reportedly has an estimated 9.78m UK subscribers

The shocking figures amount to 2,300 cancellations eveyr day.

The licenses are compulsory for anyone who wants to watch live TV or use BBC iPlayer - even if the show is watched on a phone or laptop.

An estimated 25.8m licenses were held in March last year.

It is believed the 'Netflix effect' is leading to viewers cancelling their licenses entirely.

Online streaming platforms such as Netflix and Amazon Prime video do not require a license to watch.

RISE OF THE STREAMING GIANTS

A basic Netflix subscription sets Brits back £5.99 a month - or £72 a year.

The streaming giant reportedly has an estimated 9.78m UK subscribers.

A TV license meanwhile costs £150.50 per year - and is set to go up to £154.50 in April.

The Times claim a massive 670,000 licenses were cancelled since 2010.

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A spokesperson for TV licensing said people cancel their licenses for various reasons, such as moving in with partners who already have one.

Cancellations also include payment failures.

Seven per cent of households were caught watching TV without a license.

 Viewers will be forced forking out an extra £4 a year for their TV licence starting in April

PA:Press Association

Viewers will be forced forking out an extra £4 a year for their TV licence starting in April


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