In the UK you pay a television license that costs about $150 a year. You HAVE TO PAY this license if you own a television set, or a HDMI monitor hooked up to a satellite receiver. IF you own a radio and no television YOU HAVE TO get a radio license. This fee goes towards content for BBC 1, 2 and BBC Radio. We also have ITV, Channel 4, Channel 5 but these are paid by advertisements, but for some reason get subsidised by the BBC. Oh and yes that is right we had only 6 terrestrial TV channels before digital subscriber television. The BBC had a van that went around and checked if you had a license and you would get £1000 fine if caught.
In the states terrestrial TV is free. One of the big culture shocks that my family experienced when they emigrated from the UK in the 1950's was the TV selection. Now I don't know about programming in Texas or New York, but In California we got some decent television stations broadcasting some classic shows with frequent advertisement interruptions. Same time period flipping over the pond saw the BBC switching on at 1pm (for Pebble Mill) some kids shows like andy pandy or bill & ben and the news followed by sign off until 4pm for regular programming until 11pm. That is all you got for the BBC as there was only one channel. So you can see from the early days programming was experimental and archived and reused way before syndication.
Fast forward a few years and we are back to the 6 channels, but say in the 1970 and 80's television programming was breaking records with shows like I Claudius, Dr Who, Coronation Street, Tinker, Tailor, Soldier, Spy and a bunch of the classic comedy like Benny Hill and Monty Python, Only Fools and Horses.
So the money for these shows was paid by the British public, where as shows from HBO are voluntary subscriber base. This also is from the paid subscriber cable model of ON and SELECT TV where these companies would provide Pay Per View shows and those laughable Scratch and Sniff Movies....
So American TV was always good prior to 1990s like All in in The Family, Columbo, Home Improvement to name a few, but now with the attention of major movie stars being involved in TV shows makes the revenue stream much much bigger. TV stations can afford big budget shows like Lost or Buffy... jk
Where the revenue stream was and still is funded by British public and we are talking billions of pounds every year. Only recently we are seeing some fruits of infrastructure decisions of the 1980s with BBC iPLAYER and getting additional revenue from BBC America but that money goes to the bonuses of the BBC executives.
Now with Netflix and LoveFilm streaming BBC and ABC shows I wonder if the syndication arena will become the next big TV content producer. Arrested Development via Netflix for example?
Well you won't need a BBC TV license or will you?

Reference:
http://en.wikipedia.org/wiki/BBC_television_dramahttp://en.wikipedia.org/wiki/Category:1970s_American_television_serieshttp://en.wikipedia.org/wiki/Category:1980s_American_television_series