BBC Moves Broadcast Licenses To EU Because Brexit

Bloomberg reports:

The BBC is moving some of its broadcast licenses to the Netherlands so it can keep transmitting across the European Union in the event of a no-deal Brexit, according to people familiar with the matter.

The U.K. licenses relate to the British Broadcasting Corp.’s commercial arm that beams hit shows including “Doctor Who” and “Eastenders” into other EU countries, said the people, who asked not to be named as the matter is confidential. The permits will no longer be valid if Britain leaves the bloc in nine days’ time without a withdrawal agreement.

Political deadlock has raised the risk of a chaotic departure, with Theresa May now seeking help from opposition leader Jeremy Corbyn to strike a Brexit deal acceptable to Parliament. The BBC joins international broadcasters such as Discovery Inc., Viacom Inc. and Comcast Corp.’s NBC Universal in relocating licenses elsewhere in the EU.