The online service will have a budget of £30 million ($45.3 million), of which about £6 million ($9.06 million) will go on short-form content.
The BBC Trust justified its decision by stating that “younger audiences are watching more online and watching less linear TV,” and the move will “contribute to the significant savings the BBC is currently making.”
The BBC Trust implemented two conditions on the broadcaster. First, all BBC Three long-form content will be transmitted on BBC One and BBC Two. Second, BBC One and BBC Two should be obliged to “take creative risks and regularly experiment with new talent and new ideas” as part of their license agreements.
Damian Kavanagh, controller of BBC Three, said: “Today is just the beginning for BBC Three and our plans to transform our offer for young people. We have lots of new content coming in 2016 and exciting new ways of delivering it in development. We will now set about launching a digital-first BBC Three in early 2016.”