IBT expresses concern about the future of Channel 4
We have written to a number of newspapers to express concern about the future of Channel 4.
The Government has confirmed that it is considering privatization. Our understanding is that this is being driven by DCMS, not the Treasury, and the motivation is ideological rather than to raise revenue. A decision will be announced early next year.
If the Government does go ahead, it will need to introduce primary legislation and the proposal is likely to be scrutinized by the Culture, Media and Sport Select Committee. We are opposed to the privatization of Channel 4 because we believe it will mean that certain programmes will suffer as money is diverted from the programme budget to shareholders.
Lord Burns, the Channel 4 Chair and former Treasury mandarin, confirmed this week that if privatisation goes ahead, Channel 4 News is unlikely to survive in its present form.
Political opposition is growing, so please mention the issue in any conversations you have with parliamentarians. If you would like a full briefing on the threat to Channel 4, contact Sophie Chalk, our head of advocacy, who is leading on this for IBT – email@example.com