Channel 4 bosses took hundreds of thousands in bonuses as revenues dived

Channel 4 still relies on advertising for 80% of its total income. Photograph: Lewis Whyld/PA

Channel 4’s bosses accepted hundreds of thousands of pounds in bonus payments last year, despite the broadcaster suffering its steepest fall in revenues in its 41-year history.

The state-owned, commercially funded broadcaster reported a 10% year-on-year fall in total revenues to £1.02bn last year, down £120m compared with 2022, the steepest percentage fall in income in decades.