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The British Broadcasting Corporation (BBC) is a British public service broadcaster headquartered at the Broadcasting House in London, originally established in 1922 as the British Broadcasting Company and evolved into its current state with its current name on New Year's Day 1927. The oldest and largest local and global broadcaster by stature and by number of employees, it employs over 21,000 staff in total, of whom approximately 17,900 are in public-sector broadcasting.