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-   -   General : Channel 4 to be privatised (https://www.cableforum.uk/board/showthread.php?t=33710943)

OLD BOY 10-04-2022 10:20
Re: Channel 4 to be privatised
 
Channel 4 has put counter-proposals to the government which would involve being able to seek private investment while remaining a public sector channel. I hadn't appreciated that they had done this, but perhaps this will change the government's mind about privatising it.

https://www.theguardian.com/media/20...-privatisation

[EXTRACT]

In February Channel 4 put forward its own counter-proposals to government, which would see it seeking private investment while remaining in public ownership. A leaked copy of the document shows the broadcaster’s bosses want to have a commitment to regional output built into its legal mandate, with a pledge to move 300 more jobs out of the capital, rapidly expand the Leeds office, and reduce office space in London.

Hugh 10-04-2022 11:47
Re: Channel 4 to be privatised
 
Unlikely, as the proposals were made over a month ago to Dorries…

https://www.ft.com/content/b897bf61-...a-dcf153eb3384

Quote:
Channel 4 proposed partnering with private investors to spend £200mn a year on British films and shows as part of an alternative plan to head off privatisation, according to documents shared with ministers.

The confidential blueprint presented in February to Nadine Dorries, culture secretary, set out a business case for the commercially funded, government-owned broadcaster to remain in public hands, based on the biggest overhaul of its model since it was founded in 1982.

Along with an injection of private capital, the plan seen by the Financial Times would have allowed Channel 4 to benefit from the secondary sale of rights to projects commissioned through the joint venture, a controversial evolution of its “publisher-broadcaster” model.

Alex Mahon, Channel 4’s chief executive, pitched the approach as a way for the broadcaster to raise investment while keeping a public ownership model that would increase its support for Britain’s creative economy, particularly outside London.

Dorries ultimately rejected Channel 4’s proposals this week, deciding to press ahead with legislation to enable the privatisation because government ownership was “holding back” the broadcaster from competing with Netflix and Amazon.
Quote:
According to documents seen by the FT, Channel 4’s business plan sought to give the broadcaster access to private capital and debt, using a hybrid structure that it argued would keep the borrowing off the public sector balance sheet. The joint venture would be majority-owned by private investors.

Other elements of the plan included expanding the on-demand streaming service All 4 to international markets, doubling its staff presence outside London, and enshrining a commitment to direct at least half its spending to the UK’s nations and regions.

“Our alternative vision for Channel 4 would bring private capital into the business for the first time — outside of the public sector balance sheet — to enable greater content investment,” the broadcaster said in its paper to ministers.

OLD BOY 10-04-2022 16:04
Re: Channel 4 to be privatised
 
It will be interesting to hear the debate in the Commons if this idea proceeds. I certainly agree with the need to bring in private finance, etc, but I’m not sure why Nadine appears to have rejected that idea.

I wouldn’t be in favour of privatisation if it was purely on ideological grounds.

1andrew1 10-04-2022 16:16
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by OLD BOY (Post 36118722)
It will be interesting to hear the debate in the Commons if this idea proceeds. I certainly agree with the need to bring in private finance, etc, but I’m not sure why Nadine appears to have rejected that idea.

I wouldn’t be in favour of privatisation if it was purely on ideological grounds.
It sems to be purely on ideological grounds, for as you say, there's other means to bring private funding into Channel 4 if the government wished to. Let's not forget that Dorries is not exactly an expert in broadcasting and thought Channel 4 was subsidised by the state.

OLD BOY 10-04-2022 17:28
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by 1andrew1 (Post 36118724)
It sems to be purely on ideological grounds, for as you say, there's other means to bring private funding into Channel 4 if the government wished to. Let's not forget that Dorries is not exactly an expert in broadcasting and thought Channel 4 was subsidised by the state.
Yes, I agree with that. And Nadine Dorries was the wrong choice for this job - she doesn't seem to have a clue.

Mr K 10-04-2022 21:37
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by OLD BOY (Post 36118728)
Yes, I agree with that. And Nadine Dorries was the wrong choice for this job - she doesn't seem to have a clue.
Yes, well she's another of Boris' conquests by all accounts. He must have drunk a lot that night.

epsilon 11-04-2022 03:28
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by OLD BOY (Post 36118728)
Yes, I agree with that. And Nadine Dorries was the wrong choice for this job - she doesn't seem to have a clue.
Maybe that's why she was given the job. A cabinet made up of nodding dogs, pushing through decisions made above their paygrade, could be quite useful.

RichardCoulter 14-06-2022 02:07
Re: Channel 4 to be privatised
 
In this recent interview with Nadine Dorries, amongst other things, she proudly boasts that she's never behaved like a politician and that criticism aimed at her is because of her Northern accent and because she's a woman:

https://www.bbc.co.uk/programmes/m0017cf0

DECKAS 14-06-2022 07:26
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by RichardCoulter (Post 36125194)
In this recent interview with Nadine Dorries, amongst other things, she proudly boasts that she's never behaved like a politician and that criticism aimed at her is because of her Northern accent and because she's a woman:

https://www.bbc.co.uk/programmes/m0017cf0
No she's thick

epsilon 14-06-2022 17:22
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by DECKAS (Post 36125197)
No she's thick
Pretty much...

Itshim 14-06-2022 17:32
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by DECKAS (Post 36125197)
No she's thick
So a nurse that founded a company that was sold to Bupa is thick , I dread to ask what that makes most users on this site :D

epsilon 14-06-2022 19:18
Re: Channel 4 to be privatised
 
Not all skills are transferable. I guess selling a child care company to BUPA didn't give her the knowledge needed to fulfil her current remit.

Itshim 14-06-2022 20:40
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by epsilon (Post 36125303)
Not all skills are transferable. I guess selling a child care company to BUPA didn't give her the knowledge needed to fulfil her current remit.
That's not my point , clearly she is not thick , I would say that most politicians of what ever party don't have knowledge to fulfill any remit. Yet we still think they do:shocked:

Mr K 14-06-2022 20:55
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by Itshim (Post 36125309)
That's not my point , clearly she is not thick , I would say that most politicians of what ever party don't have knowledge to fulfill any remit. Yet we still think they do:shocked:
Nah, she's thick.

epsilon 14-06-2022 23:33
Re: Channel 4 to be privatised
 
Quote:
Originally Posted by Itshim (Post 36125309)
That's not my point , clearly she is not thick , I would say that most politicians of what ever party don't have knowledge to fulfill any remit. Yet we still think they do:shocked:
If she doesn't understand her remit and is too lazy to do any research, she should, at least, have enough sense to keep her mouth shut.

---------- Post added at 23:33 ---------- Previous post was at 23:32 ----------

Quote:
Originally Posted by Mr K (Post 36125311)
Nah, she's thick.
Agreed!


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