BBC WAS FORMED WITH MARCONI ON 1922 OCTOBER 18
British Broadcasting Corporation BRITISH CORPORATION BBC WAS FORMED WITH MARCONI ON 1922 OCTOBER 18 British Broadcasting Corporation (BBC), publicly financed broadcasting system in Great Britain, operating under royal charter. It held a monopoly on television in Great Britain from its introduction until 1954 and on radio until 1972. Headquarters are in the Greater London borough of Westminster.The first initiatives in British radio after World War I were taken by commercial firms that regarded broadcasting primarily as point-to-point communications. The British Broadcasting Company, Ltd., was established in 1922 as a private corporation, in which only British manufacturers were permitted to hold shares. In 1925, upon recommendation of a parliamentary committee, the company was liquidated and replaced in 1927 by a public corporation, the British Broadcasting Corporation. Although ultimately answerable to Parliament, the BBC has virtually complete independ...