The success of high-end dramas, despite the flat budget at the BBC, comes as a new generation of international competitors – the online platforms Netflix and Amazon – ramp up their activities in Britain, attracted by generous new tax breaks. Lord Hall describes it as a “flight to quality”, and says that the corporation cannot hope to match the spending of an organisation such as Netflix, which plans to spend $5 billion (£3.5 billion) on original commissions this year. “We can’t win against a Netflix or an Amazon, because their budgets are just so much bigger,” he says.
Source: BBC director-general Lord Hall: We can’t win against deep pockets of Netflix – Telegraph