09-04-2022, 22:50
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#88
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cf.mega poster
Join Date: Dec 2016
Posts: 1,641
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Re: Channel 4 to be privatised
Quote:
Originally Posted by OLD BOY
Sorry, it was just banter, but you’ve all taken it too seriously. You all like winding me up, so I thought I’d return the favour!
I’m sure we all watch Channel 4 from time to time, but I don’t get the impression it gets viewed by most on a very regular basis.
As I understand it, privatisation will enable C4 better access to finance so they can own their own material. Although the channel is currently self financing, the concern is that this income stream is reducing and cannot be relied on to fund the channel in the long term.
We all saw how close to the edge ITV got a few years back when advertising reduced. This forced ITV to look at other income streams, which they appear to have tapped into very nicely.
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