LONDON, ENGLAND - APRIL 16: The British Broadcasting Corporation logo is displayed above the main entrance to the BBC's Broadcasting House on April 16, 2026 in London, England. On Wednesday BBC staff were told to expect around 1,800-2,000 jobs to be cut, as the network struggles to lower costs by 10% over the next three years. The BBC's interim director-general Rhodri Talfan Davies has said the BBC is facing "significant financial pressures" as it juggles high production costs against a fall in income, amid a rapidly changing media landscape. (Photo by Leon Neal/Getty Images)

LONDON, ENGLAND - APRIL 16: The British Broadcasting Corporation logo is displayed above the main entrance to the BBC's Broadcasting House on April 16, 2026 in London, England. On Wednesday BBC staff were told to expect around 1,800-2,000 jobs to be cut, as the network struggles to lower costs by 10% over the next three years. The BBC's interim director-general Rhodri Talfan Davies has said the BBC is facing "significant financial pressures" as it juggles high production costs against a fall in income, amid a rapidly changing media landscape. (Photo by Leon Neal/Getty Images)

LONDON, ENGLAND - APRIL 16: The British Broadcasting Corporation logo is displayed above the main entrance to the BBC's Broadcasting House on April 16, 2026 in London, England. On Wednesday BBC staff were told to expect around 1,800-2,000 jobs to be cut, as the network struggles to lower costs by 10% over the next three years. The BBC's interim director-general Rhodri Talfan Davies has said the BBC is facing "significant financial pressures" as it juggles high production costs against a fall in income, amid a rapidly changing media landscape. (Photo by Leon Neal/Getty Images)

LONDON, ENGLAND - APRIL 16: The British Broadcasting Corporation logo is displayed above the main entrance to the BBC's Broadcasting House on April 16, 2026 in London, England. On Wednesday BBC staff were told to expect around 1,800-2,000 jobs to be cut, as the network struggles to lower costs by 10% over the next three years. The BBC's interim director-general Rhodri Talfan Davies has said the BBC is facing "significant financial pressures" as it juggles high production costs against a fall in income, amid a rapidly changing media landscape. (Photo by Leon Neal/Getty Images)

The screens showing the Korea Composite Stock Price Index (KOSPI), the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a dealing room of Hana Bank, in Seoul, South Korea, Thursday, April 16, 2026. (AP Photo/Lee Jin-man)

A dealer stands near the screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank, in Seoul, South Korea, Thursday, April 16, 2026. (AP Photo/Lee Jin-man)

Dealers talk near the screen showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rate between U.S. dollar and South Korean won at a dealing room of Hana Bank, in Seoul, South Korea, Thursday, April 16, 2026. (AP Photo/Lee Jin-man)

(FILES) French fashion and luxury conglomerate Kering newly appointed chief executive Luca De Meo speaks during the group shareholders' meeting, at Kering headquarters in Paris, on September 9, 2025. French luxury group Kering vowed on April 16, 2026 to "reignite desirability" of its flagging Gucci label, once the jet set's most coveted brand, as it seeks to turn around its financial performance. (Photo by Thomas SAMSON / AFP via Getty Images)