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UK Government Sets Out Upsides Of Selling Channel 4 As It Fires Starting Gun On Privatization Review

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The UK government has put to bed months of speculation by announcing that it will launch a review to establish whether it should sell Channel 4, the British broadcaster behind hits like It’s A Sin.Channel 4 has been under government ownership since its launch in 1982, but ministers argue that disruption from streaming giants has significantly altered the broadcasting landscape to the point where Channel 4 may benefit from private ownership.The Department for Digital, Culture, Media, and Sport will oversee the review and consider whether “moving Channel 4 into private ownership and changing its remit could help secure its future as a successful and sustainable public service broadcaster.”Noting the potential upsides of a sale, the DCMS said

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