LONDON, Nov 18 (Reuters) - The BBC plans to cut 35 million pounds ($53.23 million) from its sports rights budget with some events likely to be dropped from free-to-air television in Britain, the corporation said on Wednesday.
The BBC is tasked with saving 150 millions pounds to address a shortfall caused by a drop in TV ownership, fuelled by a loophole which allows viewers to watch BBC iPlayer without a licence.
The announcement did not name specific sports, but the BBC has already handed live coverage of golf's British Open to Sky Sports.
"Meeting this savings target will be tough, particularly given the high levels of inflation in the market," said the BBC in a statement.