The BBC has announced that it has scrapped an IT project to convert all its tape library to archive, after burning £100m of licence payers money. 

The Digital Media Initiative (DMI) was intended to enable staff to share video and audio material and was seen as an important part of a move of resources to Salford.

It could be argued that the whole project was utter madness, with several companies such as Avid, Quantel and Apple already offering tapeless workflows, so even the idea of creating a proprietary system was perhaps not wise.

John Linwood, the BBC’s chief technology officer, has been suspended. We also understand that the entire team is to be disbanded.