The Paranoid Pineapple
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So why not make subscription voluntary?
High transitional costs, rising operating costs (eg huge spend on marketing in order to retain subscribers), a smaller subscriber base, the need to maximise revenue would all mean that the BBC would likely have to charge significantly more for the same services, rendering it less affordable and potentially pricing some people out altogether. It's also likely that the output would become gradually less diverse as the focus would be on catering to those who were prepared to pay, rather than the provision of a public service.
Most subscription channels in the UK offer quite specialist programming, there's little original, home produced content. I don't think imposing such a model on a broadcaster with a unique remit, such as the BBC, is in the least bit sensible or desirable.