The privatisation of Channel 4 will remove a restriction on the broadcaster which “effectively prohibits” it from producing and selling its own content, according to the Government.
As part of its newly published plans to reform British broadcasting, the Department for Digital, Culture, Media and Sport (DCMS) said it would pursue the sale of the station, which Culture Secretary Nadine Dorries said would remove it from the “outdated shackles” of public ownership.
DCMS said under public ownership Channel 4 would allow it to access greater investment to grow and to “diversify its revenue streams and improve its long-term sustainability".
