BBC Four, which first broadcast acclaimed shows Charlie Brooker's Wipe and the comedy Detectorists, is to halt the commissioning of new programmes and become an archive-focused channel.
The Guardian reports that the move is part of ongoing cost-cutting at the BBC and that the hugely respected arts and culture channel will be rebranded as the "home" of archived content.
However, the channel, which begins broadcasting at 7.00pm daily, will continue to air performances such as the BBC Proms, BBC Young Dancer and BBC Young Musician.
The BBC, which has set itself a target of saving £800m a year by next March, has published its annual plan for 2021-22, and says the channel would "become the home of the most distinctive content from across the BBC’s archive".
Among the other acclaimed shows commissioned by the channel, which began broadcasting in 2002, were Burton & Taylor, starring Dominic West and Helena Bonham Carter as the iconic actors.
According to this year's annual report, "The proposed changes to BBC Four will build on the channel’s current archive content offer, which already comprises 76% of BBC Four’s broadcast hours and 69% of the channel’s broadcast viewing hours."