Channel 4 is to avoid privatisation and remain under public ownership, the government has confirmed today.
After what has been years of talks to sell the broadcaster for a reported possible £1.5 billion, which had faced strong opposition from executives at Channel 4 itself and throughout much of the TV industry, the Department for Digital, Culture, Media and Sport has today confirmed a U-turn on such privatisation plans and announced that the channel will stay under public ownership.
The government says Culture Secretary Michelle Donelan has “decided not to privatise Channel 4 after reviewing the business case for its sale”.
This means that the broadcaster will remain in public ownership, but now with what the government is calling “greater commercial flexibility”, an “increased investment in skills and jobs”, as well as new production arrangements to “support” the channel’s “long-term sustainability and growth”.
Ms Donelan has called Channel 4 “a British success story” and “a linchpin of our booming creative industries”, but says she has decided that pursuing a sale is not the best option to “ease the challenges” the broadcaster is facing, nor to support growth in the UK’s creative economy – especially the independent production sector.
ADVERTISEMENT
The government says that doing nothing, however, also “carries risks”.
This is why it says it believes change is necessary to ensure the broadcaster can thrive, both “now and long into the future” in what is a rapidly-changing media landscape.
ADVERTISEMENT
Following discussions with Channel 4 and the independent production sector, the government has also confirmed an “ambitious package of measures” as an alternative to a sale.
“The package will ensure the broadcaster remains focused on sustainability and has new opportunities to grow while serving audiences in the decades to come with high-quality, innovative and distinctive content,” the government explains.
In addition to the package of measures, the government says Channel 4 has also committed to increasing the number of roles outside London – which is set to provide more opportunities for people from across the UK to gain experience in the broadcast media sector.
ADVERTISEMENT
Channel 4 – which was created in 1982, and has been funded entirely by advertising out of public ownership for the last 40 years, with everything it airs is commissioned from external production companies – has welcomed the decision to ditch privatisation plans for it to remain “safely in the hands of the British people”.
The broadcaster said in a statement: “For over 40 years, Channel 4 has been a keystone of Britain’s universal, free, public service broadcasting architecture.
“We have spoken up for diverse and young audiences across the UK, nurtured new talent and held power to account, but standing still has never been an option for Channel 4 throughout our history.
“Indeed, our next stage of evolution is already well under way.”
Featured Image – Wikimedia Commons
News
Co-op Live confirms cancellations caused by part of air conditioning unit ‘falling from ceiling’
Daisy Jackson
The Co-op Live arena has confirmed the cause of tonight’s last-minute gig cancellation and subsequent postponement of future shows.
Reports said that an object had ‘fallen from the ceiling’ before doors to the public officially opened.
Co-op Live has now confirmed that ‘a component of the air conditioning system’ separated from the ductwork, and stressed that no one was injured.
A Boogie Wit Da Hoodie, the artist who was meant to perform tonight, had said that ‘something happened with the venue while I was at soundcheck today’.
Oak View Group, which owns the venue, said that it had ‘made the necessary call to ensure the full safety of all visitors to the venue to postpone the performance’.
Tim Leiweke, Chairman and CEO of Oak View Group said: “The safety and security of all visiting and working on Co-op Live is our utmost priority, and we could not and will not run any event until it is absolutely safe to do so.
“Today was a very unexpected situation but without a doubt the right decision.
“I deeply apologise for the impact that this has had on ticket holders and fans.”
It’s believed that the issue with the HVAC system was an isolated incident ’caused by a factory defect’.
Co-op Live said: “We were not able to verify that all similar nozzles were free of such defects.
“In conjunction with wider stakeholders, Oak View Group has made the necessary call to ensure the full safety of all visitors to the venue, and to postpone the performance.”
The rest of the nozzles inside the huge arena will now be tested for similar defects.
They said in a statement: “We understand the need to reassure fans over future shows. We are working with artist management and promoters to limit the impact on the opening season schedule.
“Where necessary, we will identify alternate dates, and will continually reassess to provide fans with sufficient notice regarding imminent shows.
“Should shows be cancelled or rescheduled, fans will be contacted by their point of purchase and offered a full refund where preferred.”
Olivia Rodrigo’s two Manchester shows at Co-op Live have been postponed
Daisy Jackson
Olivia Rodrigo’s shows at Co-op Live in Manchester have been postponed after a night of drama for the new arena.
The star was meant to bring her GUTS Tour to the city on Friday and Saturday night.
But the huge 23,500-capacity arena has now confirmed that both of these gigs will be postponed.
New dates will be announced as soon as they’re confirmed.
Co-op Live said in a statement: “Due to an on-going venue-related technical issue, the scheduled performances of Olivia Rodrigo’s GUTS World Tour on 3rd and 4th May are being postponed.
“Ticket holders can either hold onto their tickets or obtain a refund from their point of purchase.
“We deeply apologise for the significant inconvenience this will cause for many.”
The massive arena was supposed to open for the first time to the public tonight with a performance by A Boogie Wit Da Hoodie.
But it was called off at the eleventh hour, with fans turned away from the doors just minutes before they were meant to open.
Co-op Live has now confirmed that the reason for the cancellation was that a piece of the HVAC (air conditioning) system had ‘separated from the ductwork’.
Rigorous testing on the rest of the system now needs to take place before fans can safely be welcomed inside.
Olivia Rodrigo has yet to issue a statement about her Manchester shows on 3 and 4 May being postponed.