Were having to box clever here, he added.

Moving money around the BBC is very painful in itself.

The decisions we have to make are unpopular.

Tim Davie BBC

Tim DavieHouse of Commons/PA Images via Getty Images

Some of the newer media companies are yet to find sustainable economics, he added.

I suspect there will be lots of movement in the market.

Were in discussion with all parties to deliver flawless Coronation coverage and beyond, added Davie.

WGA West building in Hollywood

Our biggest concern at the moment is demands on our Outside Broadcast service but were deep in planning.

Decisions needed to be made, he said, of the merger.

We dont think its efficient to have two separate processes and want to run a more integrated operation.

No one else is running operations in this way.

He stressed that the international offering will still be different to the UKs.