Despite their being many reports stating that there are no plans for Channel 4 becoming privatised, a leaked photograph of an official entering Downing street was released. The photograph shows a document that states, "Work should proceed to examine the options of extracting greater public value from the Channel 4 corporation, focusing on privatisation options in particular.” Although Channel 4 is a non profit organization with a remit focusing on innovation, diversity and new talent, catering for minority audiences, it is quite risky for Channel 4 to become a private organisation. An insider talks about how "John Whittingdale is interested and wants to do it.” The second choice opposed to making the organisation private in doing nothing, which is an option that is not in the favour.
- The 32 year old non profit organisation is being considered for privatisation
- In August, Whittingdale told the Guardian Edinburgh international television festival that a sale of Channel 4 was not currently being discussed.
- Department for Culture, Media and Sport (DCMS), the leak states that it is the culture secretary, John Whittingdale, who is very keen on the move
- Burns, a former Treasury economist and chair of Santander bank, assures the public that Channel 4 will maintain their remit
- Despite this there are still possibilities of the sale
I believe that even if Channel 4 becomes privatised, the positive affect that they would receive would be very low as there are a variety of other methods that can be used in order to access Channel 4's television shows. I think that they would also lose the majority of their current audiences as many of the audiences may be unwilling to pay to view programmes on the channel. It may be useful for Channel 4 to try and make certain popular shows subscription shows as there may be possibilities of them generating more revenue.
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