Wednesday briefing: What’s at stake for the BBC as it faces further funding questions

In today’s newsletter: The BBC is bracing for a high-stakes legal fight after the US president sues over an edited Panorama clip, and questions mount about the broadcaster’s future funding and political vulnerabilityGood morning. On Tuesday, the UK woke to the news Donald Trump had filed his threatened $10bn lawsuit against the BBC, alleging that the corporation “intentionally, maliciously and deceptively” defamed him. Later that day, the government launched a review of how the beleaguered corporation will be funded into the 2030s – they will ask the public for their views on options, including a subscription service or adverts, amid a drop in licence holders.While there remains a lack of consensus over the latter issue – in itself enough to worry BBC executives over its future – few would argue that licence fee payers should be funding a multimillion pound compensation claim to the increasingly litigious US president.Australia | The alleged