Top BBC executives meet to seek funding options as the government plans to scrap the TV licence fee.

As the BBC gets ready for a future without the licence fee, its executives are already talking about new ways to make money.

Last month, board members of the broadcaster are said to have taken a close look at several funding options. There is a lot of work to be done if the government decides to go ahead and remove the present form of taxation.

Last month, BBC officials are said to have conducted discussions in an off-site meeting.

Before the new proposal came out, Nadine Dorries, who is in charge of culture, said that she would look at funding.

The BBC’s financing is assured until 2027, but it will be necessary to begin negotiations about what will happen beyond that point.

Since the BBC started in 1922, its executives have always said that the way it is currently funded is the best choice.

However, there are already discussions concerning the future of the licence fee due to concerns that the government may do away with it.

Due to rising costs of living, Ms. Dorries said in January that she would be lowering the cost of a TV licence by £159 for the next two years.

Afterwards, she said, it would climb in line with inflation until 2027, at which point it would most likely be repealed.

On social media, Nadine Dorries said: “This licence fee announcement will be the last.”

“The days of the elderly being threatened with prison sentences and bailiffs knocking on doors, are over.

“Time now to discuss and debate new ways of funding, supporting, and selling great British content.”

Ministers insist no decision will be made without extensive engagement, but The Times says that BBC executives have discussed a Netflix-style subscription, a television tax based on family income, and government handouts.