The government has today confirmed that Channel 4 is to avoid privatisation and remain under public ownership.
After what has been years of talks to sell the broadcaster for a reported possible £1.5 billion, which had faced strong opposition from executives at Channel 4 itself and throughout much of the TV industry, the Department for Digital, Culture, Media and Sport has today confirmed a U-turn on such privatisation plans and announced that the channel will stay under public ownership, The Manc reports.
The government says Culture Secretary Michelle Donelan has "decided not to privatise Channel 4 after reviewing the business case for its sale".
This means that the broadcaster will remain in public ownership, but now with what the government is calling "greater commercial flexibility", an "increased investment in skills and jobs", as well as new production arrangements to "support" the channel's "long-term sustainability and growth".
Ms Donelan has called Channel 4 "a British success story" and "a linchpin of our booming creative industries", but says she has decided that pursuing a sale is not the best option to "ease the challenges" the broadcaster is facing, nor to support growth in the UK’s creative economy - especially the independent production sector.
The government says that doing nothing, however, also "carries risks".
This is why it says it believes change is necessary to ensure the broadcaster can thrive, both "now and long into the future" in what is a rapidly-changing media landscape.
Following discussions with Channel 4 and the independent production sector, the government has also confirmed an "ambitious package of measures" as an alternative to a sale.
"The package will ensure the broadcaster remains focused on sustainability and has new opportunities to grow while serving audiences in the decades to come with high-quality, innovative and distinctive content," the government explains.
In addition to the package of measures, the government says Channel 4 has also committed to increasing the number of roles outside London - which is set to provide more opportunities for people from across the UK to gain experience in the broadcast media sector.
Culture Secretary Michelle Donelan "decided not to privatise Channel 4 after reviewing the business case for its sale" / Credit: Flickr
Channel 4 - which was created in 1982, and has been funded entirely by advertising out of public ownership for the last 40 years, with everything it airs is commissioned from external production companies - has welcomed the decision to ditch privatisation plans for it to remain "safely in the hands of the British people".
The broadcaster said in a statement: "For over 40 years, Channel 4 has been a keystone of Britain's universal, free, public service broadcasting architecture.
"We have spoken up for diverse and young audiences across the UK, nurtured new talent and held power to account, but standing still has never been an option for Channel 4 throughout our history.
"Indeed, our next stage of evolution is already well under way."
Featured Image - Flickr
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Leeds pizza shop hailed ‘exceptional’ and ‘best in the UK’ by major reviewer
A Leeds pizza takeaway has received a glowing review from popular review duo.
Edges Pizza opened up their first permanent spot in Leeds back in June this year, after making a name for themselves slinging out pizzas at multiple pop-ups across the city.
Owners Grace and Edge from Harrogate opened Edges Pizza two years ago, taking inspiration from trips to New York over the years.
Images: The Hoot Leeds
Their pizzas are a love letter to the class New York slice, think thin and crispy rather than chewy and floppy. But above all else, think absolutely delicious.
And now, they've caught the attention of a major review page, with Bite Twice Food Reviews (a page with almost 300k followers) paying Edges a visit.
The food review duo of Gerry del Guercio and Paul Delany popped up in Holbeck beneath the arches to get their hands on a pizza, and the outcome is brilliant.
In the video, Bite Twice said that the pizza is 'f**cking exceptional' and up there with 'one of the best pizzas in the UK'.
Before even taking a bite, they said: "On aesthetic, I don't think anywhere in the UK is doing pizza like this".
Images: The Hoot Leeds
Then after the first bite, they go on to say: "There are very few pizzas in the UK that create this, I’m a little bit blown away".
As Londoners themselves, they go on to say that Edges is 'easily hitting with the best that we’ve got down south'.
And if that's not high praise enough, they sign off the video saying: "Leeds has got an absolute gem. I give this a stamp so hard my foot went through the pizza. Edges. Don Level."
Yorkshire-set Christmas film by Leeds director starring Richard E. Grant set to hit UK cinemas next month
Clementine Hall
A brand-new Christmas film is hitting cinemas nationwide next month - and it’s a proper Leeds success story.
Jack Spring directed his first feature film at just 19 years old and has spent the last decade carving out a career in independent film, as well as co-founding Leeds-based production company Shush Films.
His first movie, Destination: Dewsbury, was shot just down the road in - you guessed it - Dewsbury. And after moving to Leeds from Grimsby, Jack became determined to build his business from the city, putting down roots and growing his production company here.
Image: Supplied
Now, after years of working on independent projects, Jack has taken his biggest leap yet with a brand-new Christmas film, Merry Christmas Aubrey Flint.
Set in Yorkshire, Merry Christmas Aubrey Flint follows Aubrey Flint, a reclusive model soldier painter with a lifelong hatred of Christmas, who is sentenced to community service at Willow Lodge - a retirement home on the brink of closure.
Roped into helping with a chaotic production of Charles Dickens' A Christmas Carol, Aubrey clashes with its interesting set of residents...
And the cast is about as star-studded as it gets, featuring Richard E. Grant, John Bradley, Celia Imrie, Adjoa Andoh, Sophia Di Martino, Adrian Rawlins and Kiell Smith-Bynoe.
Image: Supplied
The heartwarming festive comedy will hit cinemas nationwide on Friday 6 November - a huge milestone for a Leeds-based director and production company, taking a homegrown Yorkshire story to audiences across the country.
You just can't beat a proper wholesome British Christmas film, so you can best believe we'll be watching in the cinema, popcorn in hand.