The company is dissolved and re-established by Royal Charter as the British Broadcasting Corporation, with John Reith as its first Director-General.

In 1927, the original British Broadcasting Company — a commercial venture formed in 1922 by a group of radio manufacturers — was dissolved and replaced by a new public institution: the British Broadcasting Corporation, established under Royal Charter. This shift moved the BBC away from private, profit-driven ownership toward a public service model, funded independently and operating in the national interest rather than for shareholders. John Reith, who had led the original company since 1922, became the new Corporation's first Director-General. He is widely credited with shaping the BBC's founding mission — to "inform, educate and entertain" — and with establishing the principles of editorial independence and public service broadcasting that still define the BBC today.