While I do disgree with the "state funded media scope" - I'd go as far as saying the BBC has become so fearful to rock the boat in any way that it is at risk of becoming a redundant source - I do think the lack of "competition" for BBC funding leads to a worse journalistic rigour. It's not the centre of excellence for journlism it once was, and is often looked down on when compared to other paid news outlets like the Economist, Atlantic, the FT, et ceterea. Adding an element of competition into the equation could make for better journalism, but equally, that would likely require more funding in the end.