The BBC is planning to cut 2,000 jobs and reshape its TV schedules in order to cut 20% from its budget over the next five years.
No channels will close but some money will be reinvested in new programmes.
All new daytime programming will shift to BBC One, with BBC Two showcasing repeats of peak-time programmes.
Director General Mark Thompson unveiled details of the cuts – branded Delivering Quality First (DQF) – in an address to staff on Thursday morning.
Thompson said the changes would lead to “a smaller, radically reshaped BBC”.
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