May 5, 2022
Channel 4 pushes back against privatisation
Channel 4 is fighting back against privatisation with an alternative plan for its future model that was previously rejected by the UK government, as it announced record financial results for 2021. Channel 4 had presented culture secretary Nadine Dorries with the plans in February before she announced that the network would be put up for sale. Channel 4 said its results, which were published by the FT last month, were "Record-breaking". Questioning the government's plans she said: "I'm not against private capital or making money in business, but I know the impact that would have on Channel 4 better than anyone else." Dorries has faced significant backlash to her plans, including from senior Conservatives who have criticised her argument that government ownership is "Holding back" Channel 4 from competing with the likes of streaming platforms such as Netflix and Amazon.
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