The privatisation of Channel 4 is “needed” to ensure that it to “compete with the streaming giants”, Tradition Secretary Oliver Dowden is predicted to say in a brand new speech.
Set to talk immediately (September 15) on the Royal Tv Society Conference, Dowden is because of talk about Channel 4’s present “stable position” whereas outlining why additional funding is vital to its development.
“Without [more money], Channel 4 won’t have the money to invest in technology and programming, and it won’t be able to compete with the streaming giants,” he’ll reportedly say, in accordance with Sky News.
Oliver Dowden (Image: Leon Neal/Getty Photographs)
Dowden is predicted to counsel that the extra cash can come both “on the back of the taxpayer” or from non-public funding.
“It’s my strong position – as a point of principle – that I do not believe the borrowing of a commercial TV channel should be underwritten by a granny in Stockport or Southend,” his assertion will proceed.
Discussing the channel’s ongoing dedication to impartial information and commissions from the impartial manufacturing sector, Dowden will go on so as to add: “Channel 4 can continue to do what it does best: to fund original, risk-taking content – the kind you wouldn’t get anywhere else – and to showcase the very best of this country on free-to-view television.”
Earlier this 12 months Ricky Gervais spoke out against the potential sale of Channel 4, calling it “a real shame”.
“For almost 40 years, Channel 4 has been a launch pad for new ideas and new talent,” he wrote on Twitter.
“It’s been able to do that because of its remit and not-for-profit structure and it would be a real shame if that was destroyed by selling off the channel.”
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