Channel 4 has launched an alternative proposal to privatisation in a move it says could create thousands of jobs outside of London by 2030 and generate £11bn for the UK’s economy over the next decade.
The broadcaster said its proposals would leverage "significant private capital" into Channel 4 for the first time, in a way that would not adversely impact the public sector balance sheet.
The Leeds-headquartered broadcaster set out its vision - dubbed ‘4: The Next Episode’ - as the Government starts the process of selling off the channel amid heavy criticism from executives and industry.