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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Five of the most exciting new openings coming to Leeds city centre this year
We're basically half way through the year, so let's see what else we've got to look forward to...spoiler alert, it's a lot.
So far we've had everything from ice bath cafes to listening bars open up in Leeds, and it seems like 2026 is the gift that keeps on giving.
Allow us to get you excited about what's coming to the city...
Dishoom
68–78 Vicar Lane, LS1 7JH
Images: The Hoot Leeds
This one is a biggun' as the ever so popular Indian restaurant is set to open on Friday 14 August in a beautiful Grade-II listed building on Vicar Lane which was formerly Flannels.
First opening in London, Dishoom now has restaurants dotted all over the UK including a huge site in Manchester. The group is famed for its lavish and grand interiors, as well as its home-style curries, grills and breakfasts including its legendary bacon naans.
Acai and the Tribe
88 Vicar Lane
Image: The Manc Group
Acai and the Tribe first opened four years ago in Manchester, and ever since then it's only gone from strength to strength opening up three other locations across the country.
Next stop? Leeds. And we couldn't be happier about it.
So, what can we expect from this aesthetically-pleasing and ultra trendy female-owned business? Well, loaded acai bowls that look almost too good to eat, superfood smoothies, coffees, matcha and savoury options like avocado toast.
This Japanese restaurant serves a menu full of sushi as well as grilled meats on sticks, sharing sides and build-your-own hand rolls. All of this is wrapped up in the most gorgeous interior, which you can see from their jaw dropping new Manchester site.
Occupying the Grade II-listed space on Vicar Lane, the three-storey building will include a 220-cover dining room, 30-cover terrace and an upstairs bar.
Introducing Moods - a new all-day cafe, bar and events venue that will open to the public at First White Cloth Hall on Kirkgate on Friday 31 July.
Created by husband-and-wife founders Will and Hayley Moody, the team behind Buzz Club Tattoo, Moods will occupy the ground floor of the Grade II* listed building.
Alfonso's
Horsforth
Image: The Hoot Leeds
Famed for it’s toasted Cuban sandwiches, stacked subs and loaded breakfast bagels - Alfonsos Deli has made a name for itself for serving some of the best sandwiches around the city.
Such a good reputation in fact, that they’ve just announced a second location over in the leafy suburb of Horsforth. Get in.
Leeds rallies around independent wine bar after thieves smash windows to steal… an empty bottle
Clementine Hall
An independent wine bar in Leeds city centre was broken into over the weekend.
And do you know what the sneaky thief stole? An empty bottle.
Latitude Wine Bar on The Calls issued a statement about the break in over the weekend, they said: "Some unscrupulous ______________ (insert expletives in the comments) decided to smash our window last night to grab a magnum of chartreuse out of our window.
"Obviously it was a dummy bottle, so more fool them, but it also makes this criminal damage more pointless. DON'T THEY KNOW HOW MUCH GLASS COSTS!?
"Well, this puts a real dampener on the month so if any one feels like popping in to buy a bottle in the shop or a glass in the bar or heading online to place an order this weekend it would really help to support an independent wine merchant and bar.
Images: Latitude Wine Bar
"Thank you to one of our customers who found the abandoned dummy bottle and returned it to us today. Legend! Santé and happy Friyay!"
So not only did the thief smash the window to steal an empty bottle, but they didn't even take it home with them.
In classic Leeds fashion, fellow indies flocked to the comments to support Latitude with many promising to pop in over the weekend for a glass or two.
One comment read: "Do you need a sign in your window saying “this is a dummy bottle you dummy”" whilst another said "Damned spit buckets! I’m sure we’ll be in soon, keep your chins up fam."
So if you've been meaning to pop in for a glass of the good stuff, there's no better time than the present.