Channel 4 set to be privatised by UK Government

The UK Culture secretary, Nadine Dorries, has announced that Channel 4 is to be privatised after 40 years in public ownership. The government hopes to raise around £1bn from the sell-off.

Channel 4’s remit has never been to make a profit – the money it makes is reinvested in commissioning and buying programmes from mostly British TV production companies, helping to support a key national industry.


https://www.satandpcguy.com/2022/04/05/channel-4-set-to-be-privatised-by-uk-government/