UK government confirms Channel 4 will not be privatized – Arab News
- Controversial plan scrapped after discussions between ministers, network, independent production sector
LONDON: The UK government confirmed on Thursday that the free-to-air public broadcast television network Channel 4 will not be privatized.
The network, which is independently operated by the state-owned Channel Four Television Corporation, will remain under public control.
However, it will undergo profound structural changes to support its long-term sustainability and growth, the Department for Digital, Culture, Media and Sport said.
“Channel 4 is a British success story and a linchpin of our booming creative industries. After reviewing the business case and engaging with the relevant sectors, I have decided that Channel 4 should not be sold,” Culture Secretary Michelle Donelan said in a statement.
“This announcement will bring huge opportunities across the UK with Channel 4’s commitment to double their skills investment to 10 million ($12 million) and double the number of jobs…
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source: https://news.oneseocompany.com/2023/01/05/uk-government-confirms-channel-4-will-not-be-privatized-arab-news_2023010538852.html
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