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BBC confirms BBC Three to become online only

Well the news is confirmed by the Beeb in a press release:

"Today the BBC has announced plans, subject to the approval of the BBC Trust, to close BBC Three as a broadcast TV channel in autumn 2015.

The plans would mean –

* The BBC saving over £50 million a year
* £30 million of that going into drama on BBC One
* BBC Three being reinvented as a new and innovative online service
* The freed-up spectrum being used to extend CBBC by an hour a night and to provide a BBC One +1 service"

The release goes on to claim BBC Three has the largest audience of young people in the UK before badging the changes as an innovation rather than cost cutting.

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