The Government has said it will proceed with plans to privatise Channel 4, the broadcaster said in a statement. A spokesperson for Channel 4 said it was “disappointed” with the decision but would “continue to engage” with the Government on the process to “ensure that Channel 4 continues to play its unique part in Britain’s creative ecology and national life”.
The Mirror reports that a government source confirmed ministers are expected to pursue a sale of the channel to private owners - its biggest shake-up since it was founded in 1982. The news was confirmed to staff in an e-mail by chief executive Alex Mahon.
Mahon said the channel's "vision" for the next 40 years had been "rooted in continued public ownership", but "ultimately the ownership of C4 is for Government to propose and Parliament to decide."
