[2] It was later renamed BBC tv until the launch of sister channel BBC Two in 1964, whereupon it was known as
BBC1, with the current spelling adopted in 1997. The channel has an annual budget of £1.2 billion.[3] Along with the BBC's other domestic television stations, and many European broadcasters (and some in Asia), it is funded principally by the television licence fee, and therefore shows uninterrupted programming with no commercial advertising at any time. It is currently the most watched television channel in the United Kingdom, ahead of its traditional rival for ratings leadership, ITV1.
The channel was named Channel of the Year at the 2007 Broadcast Awards.[4]
The Current Channel Controller for BBC One is Danny Cohen, formerly controller of BBC Three. Cohen replaced Jay Hunt following her departure from the BBC in late 2010 to join Channel 4, taking up her new position in January 2011.[5] BBC Vision chief Jana Bennett took temporary control of BBC One between Hunt's departure and Cohen's appointment.[6] Cohen briefly held controller positions of both BBC One and BBC Three until former ITV digital channels head Zai Bennett was confirmed as new BBC Three controller; Bennett, in turn, was replaced at ITV by Angela Jain, who, like Danny Cohen, is a former channel controller of E4.
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