I understand that the BBC is the voice of the state, but OP, how could you consider anything other than the Iceland solution to be the correct course?
However, to try and answer your question, I don't think that it can be as simple as taking one country's solution and applying it to another, it seems to be that economics at this scale is maybe close to the complexity of weather systems, and therefore each situation is unique.
You understand incorrectly. The BBC is funded by a compulsory license fee, but it's certainly not a communist era Pravda-like entity.
Each of the UK's political parties generally thinks that the BBC is biased against them. and the BBC is often regarded as being biased against the left wing and the right wing simultaneously.