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.
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The government says that doing nothing, however, also “carries risks”.
As @Channel4 faces increasing competition from global streaming platforms, it's more important than ever to ensure its success
We're working together to ensure it has the freedom to generate income and remain a sustainable business
— Department for Digital, Culture, Media and Sport (@DCMS) January 5, 2023
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.
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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.
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Culture Secretary Michelle Donelan “decided not to privatise Channel 4 after reviewing the business case for its sale” / Credit: Gareth Milner (via Flickr)
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
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Luxury Manchester gym Blok confirms permanent closure after weeks of uncertainty
Daisy Jackson
Blok Manchester has announced its permanent closure, weeks after the doors to the premium fitness facility mysteriously closed.
Around a fortnight ago, members began to arrive to their classes to find the gym on Ducie Street locked up and a forfeiture notice on the door – but at the time, Blok said that it was fighting to reopen.
Sadly, in an email sent to members today, its founder has confirmed that the studio is now permanently closed.
Blok – which has several very successful sites down in London – said that its relationship with its landlord has ‘broken down to a point where trust has been lost’.
The gym wrote that it’s been left with ‘no workable way forward’.
They said: “BLOK Manchester was a space built by our loyal and dedicated community. Whether you joined us for one class or one hundred, we are deeply grateful. You helped create something genuinely special in an incredible city.”
In the immediate future, they said they’ll be supporting the team of fantastic trainers who worked here, as well as looking after members.
Members will be contacted within a few hours with options and refunds owed.
Blok Manchester has announced its permanent closure. Credit: The Manc Group
CEO and founder Ed Stanbury said: “While this marks the end of a chapter, we don’t see it as the end of our story in Manchester. We’re already speaking with developers about potential future sites and remain committed to returning to the city when the time is right.
“Thank you for being part of our story so far. Let’s shape the future of wellness. The mission continues.”
Commenting on Blok’s Instagram post – its first in almost a fortnight – people have been sharing their sadness at the closure of its Manchester site.
One person wrote: “beautiful space, beautiful staff and beautiful community.”
Another said: “Sending love to all the instructors !! :(((( gutted”
Someone else commented: “THE BEST CLASSES. I’m gutted.”
‘The average cost of a pint’ in the UK by region, according to the latest data
Danny Jones
Does it feel like pints keep getting more and more expensive almost every week at this point? Yes. Yes, it does, and while you can’t expect a city as big as Manchester to be one of the cheapest places to get one in the UK, we do often wonder how it compares to other parts of the country.
Well, as it happens, someone has recently crunched the numbers for us across the nation, breaking down which regions pay the most and the least for their pints.
The data has been examined by business management consultancy firm, CGA Strategy, using artificial intelligence and information from the latest Retail Price Index figures to find out what the ‘average cost of a pint’ is down south, up North and everywhere in between.
While the latest statistics provided by the group aren’t granular enough to educate us on Greater Manchester’s pint game exactly, we can show you how our particular geographic region is looking on the leaderboard at the moment.
That’s right, we Mancunians and the rest of the North West are technically joint mid-table when it comes to the lowest average cost of a pint, sharing the places from 3rd to 8th – according to CGA, anyway.
Powered by consumer intelligence company, NIQ (NielsenIQ) – who also use AI and the latest technology to deliver their insights – we can accept it might seem like it’s been a while since you’ve paid that little for a pint, especially in the city centre, but these are the stats they have published.
Don’t shoot the messenger, as they say; unless, of course, they’re trying to rob you blind for a bev. Fortunately, we’ve turned bargain hunting at Manchester bars into a sport at this point.
We might not boast the lowest ‘average’ pint cost in the UK, but we still have some bloody good places to keep drinking affordable.
London tops the charts (pretends to be shocked)
While some of you may have scratched your eyes at the supposed average pint prices here in the North West, it won’t surprise any of you to see that London leads the way when it came to the most expensive pint when it came to average cost in the UK.
To be honest, £5.44 doesn’t just sound cheap but virtually unheard of these days.
CGA has it that the average cost of a beer in the British capital is actually down 15p from its price last September, but as we all know, paying upwards of £7 for a pint down that end of the country is pretty much par for the course the closer you get to London.
Yet more reason you can be glad you live around here, eh? And in case you thought you were leaving this article with very little, think again…