Channel 4 privatisation to go ahead

BBC News says the government has decided to go ahead with plans to privatise Channel 4.

A source said ministers believed public ownership was holding the broadcaster back “in the face of a rapidly changing media landscape”.

Plans for the sale, on which there has been a public consultation, will be included in May’s Queen’s Speech.

But Channel 4 called it “disappointing” that ministers had made their decision despite “significant public interest concerns” over privatisation.

Money made from the sale will be reinvested in a “creative dividend” to be shared among the TV industry, with some of it earmarked for independent production companies.

https://www.bbc.co.uk/news/entertainment-arts-60985496

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