The BBC has proposed wide-ranging changes to its programming and services.
Here are brief summaries of what could happen in different areas of the corporation - the next step is for the BBC Trust to consult the public and then publish its own final report.
The BBC has listed five core editorial principles - putting quality first, doing fewer things better, guaranteeing access, making the licence fee work harder and setting new boundaries.
Reprioritising nearly £600m a year to higher quality content by 2013.
Reducing the cost of running the BBC by 25%.
Closure of BBC Switch and BBC Blast - services across radio, online and TV aimed at teenagers. Recognising the lead role that Channel 4 and other broadcasters have in serving this audience.
Release of the entire BBC programme library to the public.
Capping TV sports rights spending at 9p in every licence fee pound.
Reduction of entertainment and comedy on BBC Four.
Extending CBBC finishing time until 9pm.
Investing £50m a year from this total into BBC Two, children's programming and journalism.
Half of the BBC websites will close, including Strictly Dance Fever and Street Doctor.
Spending on BBC websites will be cut by 25% by 2012.
Monthly "click-throughs" to external sites will be doubled.
Fewer bespoke programme websites.
Defining publicly which areas of activity BBC Online will not undertake.
Closure of 6 Music.
Closure of Asian Network.
Radio 2 must become more distinctive with at least 50% of speech during the daytime.
Investment in local radio breakfast, mid-morning and drive-time shows - but shared content at other times.
1Xtra and Radio 7 to be aligned more closely with their parent stations (Radio 1 and Radio 4). Radio 7 to be rebranded as Radio 4 Extra.
The BBC's commercial arm will move away from publishing magazines in the UK.
Will derive at least two-thirds of its revenue from outside the UK by 2015.
Spending on imported programmes and films will be cut by 20%