The government will go ahead with its plans to privatize Channel 4, according to the announcer

Date:

Channel 4 offices on Horseferry Road in London

The radio said in a statement that the government said it would continue its plans to privatize Channel 4. A Channel 4 spokesman said he was “disappointed” with the decision but “continues to work with the government in the process” to ensure Channel 4 continues to play its unique role in Britain’s creative environment and national life.

The Mirror reports that a government source has confirmed that ministers intend to sell the channel to private owners, the biggest change since its inception in 1982. This information has been confirmed to employees by CEO Alex Mahon. .

Mahon said the canal’s “vision” for the next 40 years was “based on permanent public ownership”, but “ultimately C4 ownership should be brought to the government and decided by Parliament”.

Channel 4 is public and non-commercial, but does not accept taxpayer money. Instead, it is entirely financed by its business activities.

In a statement, the channel said: “With more than 60,000 requests to the government for public consultation, it is disappointing that today’s announcement was made without any official public concern.

Channel 4 has been involved in good faith during the government consultation process and has shown how it can continue to commission the UK’s much-loved independent sector programmes, representing and highlighting all aspects of British life, as well as increasing its contribution. In the community, while preserving community property.

Recently, Channel 4 DCMS presented a real alternative to privatization that would protect its future financial stability, and enable it to do more for British society, creative industries, and the economy, especially outside of London. This is particularly important given that the organization has only two years been committed to increasing its influence in the UK’s countries and regions.

Canale 4 remains legally committed to its unique public service function. The organization’s focus will be on how to ensure that we respond to both our audience and the UK’s creative economy across the UK.

“The proposal to privatize Canale 4 requires a lengthy legislative process and political debate. We will of course continue to work with DCMS, government and Parliament to do everything we can to ensure Channel 4 continues to play its unique role in the UK’s creative environment and national life.

Sir David Attenborough, opposed to the privatization of Channel 4 last summer, backed a letter warning ministers to “stop forward-looking political and financial attacks” on public broadcasters. Sir David’s message came just hours before the government began discussing the British House Bake Off, Gogglebox and SAS: Who Dares Wins.

This review warned that “this is 2021, not 1982 – and the broadcasting landscape has changed beyond recognition. Increased global competition and changing audience habits pose challenges for broadcasters, including Channel 4”.

A government source told the Palestinian News Agency that ministers believed government ownership of Canale 4 was “impeding it” and that privatizing the channel would “remove its borders.”

“HMG is expected to continue selling the C4 as part of a reform package to modernize and maintain the UK’s public broadcasting sector,” the source said.

After consultations, Ministers decided that while C4 as a company is currently doing well, government ownership is holding it back in the face of a rapidly changing and competitive media landscape.

“C4 is an excellent business, built on a strong brand, it is creative, innovative and distinctive, but the change of ownership will increase the pace, giving C4 the freedom to innovate and grow, thrive in the future and support the British creative industry as a whole.

Ministers will try to reinvest the proceeds from the sale. They want to use the money from the sale to spend on “creative profits” – to spend money on independent production and to increase broader creative capabilities in the priority areas of the country.

“C4 will remain a public broadcaster – just as ITV is a privately owned public broadcaster (PSB) – and we are sure that it will continue to make a significant social, economic and cultural contribution to the UK.” Above all, it includes an ongoing commitment to prime time news.

Source: Belfastlive

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