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Published on: Not4Sale

New EY report on potential impact of Channel 4 privatisation

Channel 4 have today released a new report by EY, detailing the potential consequences of Channel 4 privatisation for Britain’s independent producers. The report shows the economic harm that would come as a direct result of privatisation, especially in the Nations and Regions, undermining the government’s ‘levelling up’ strategy.

Key findings include:

  • 2,400 jobs currently supported by Channel 4’s supply chain could cease to exist
  • Approximately £2 billion of Channel 4’s current contribution to the creative economy could be transferred from small and medium-sized businesses to a new, private owner
  • This impact would mostly be felt in the Nations and Regions, which could stand to lose 2,300 jobs, and £1.2 billion of economic value to a private owner

More detailed information, and the report in full, can be found on the Channel 4 website here. There are four days left in which to reply to the DCMS’s ongoing consultation on a change of ownership of Channel 4; you can find a guide to responding to it on our ‘Not 4 Sale‘ page.

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