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Leeds Live
Leeds Live
Entertainment
Kristian Johnson

Selling Channel 4 will 'jeopardise' Leeds companies and put creative industry at risk, warn experts

The privatisation of Channel 4 could lead to production companies across Yorkshire being placed in jeopardy, according to industry experts.

The channel is currently publicly owned, but privately financed through advertising. The government has revealed plans to change this structure though and wants to place it in the hands of a new private owner to give it "the tools and freedom to flourish and thrive".

Nadine Dorries, the secretary of state for Digital, Culture, Media and Sport, announced yesterday (Monday) the government is pressing ahead with plans to privatise the broadcaster in a move that could raise up to £1 billion. She claimed public ownership is "holding Channel 4 back".

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