British Broadcasting Corporation has been <similar>

Irelia20150604

Senior Member
Chinese
Hi everyone! I'm not sure about the meaning of the sentence "Real life in the upper echelons of the British Broadcasting Corporation has been similar, albeit with fewer laughs". Could I interpret it as "Real life in the upper echelons of the British Broadcasting Corporation has been about lame-shifting managers and corporate gobbledygook, albeit with fewer laughs than what W1A shows"

the context is as follows:
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A BBC comedy, “W1A”, sends up blame-shifting managers and corporate gobbledygook at the nation’s broadcaster. Real life in the upper echelons of the British Broadcasting Corporation has been similar, albeit with fewer laughs. Now the resignation of Lord Patten, chairman of the BBC Trust, which governs the Beeb, has thrown up fresh uncertainty.

source: http://www.economist.com/news/britain/21601863-lord-pattens-successor-will-be-transient-aunties-dilemma
 
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