The ABC’s budget will be cut by US$120 million over the next four years as a result of decisions made by the Federal Government. Operational funding cuts of close to US$40 million over four years will come on top of the termination of the US$220 million contract to deliver the international broadcasting service, Australia Network. The 2014-15 budget also foreshadows further significant funding cuts in the wake of the Lewis review into the operations of the ABC and SBS. “The funding … [Read more...] about ABC’s budget to be cut by US$120 million