UK Culture Secretary Michelle Donelan has recommended not pursuing privatisation of Channel 4 in a letter to Prime Minister Rishi Sunak seen by journalists from The News Agents podcast.
In the letter, Donelan stated: “Last year’s consultation of C4C’s future ownership model identified risks to the corporation’s long-term sustainability.
“The view of my predecessor, and the Government of the time, was that selling C4C was the right solution to these challenges.
“However, after reviewing the business case, I have concluded that pursuing a sale at this point is not the right decision and there are better ways to secure C4C’s sustainability and that of the UK independent production sector.”
SCOOP: Letter from Culture Secretary Michelle Donelan to Rishi Sunak confirming her recommendation is that Channel 4 privatisation does NOT go ahead. Says there are “better ways to ensure C4’s sustainability.”
