London (CNN Business) Fresh off a thumping election victory, Prime Minister Boris Johnson may be preparing to target one of his country's most recognizable institutions: The BBC.

Johnson suggested during the campaign that he could scrap the license fee that supports the BBC, a massive organization that produces a huge number of entertainment programs and employs over 2,000 journalists around the world.

The £154.50 ($206) annual fee is paid by all Brits who watch or stream live TV. Last year, the BBC received more than £3.8 billion ($5 billion) from the tax, accounting for about 75% of its budget.

Speaking at a campaign stop days before the election, Johnson said "you have to ask yourself whether that kind of approach to funding a TV, a media organization still makes sense in the long term."

On Sunday, Treasury official Rishi Sunak confirmed that Johnson had ordered a review of the license fee. One question is whether Brits who fail to pay the fee should continue to face legal action.

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