
Read this: Channel 4 chairman to step down as ministers consider privatisation plans

Summary: The chairman of Channel 4 is to step down in January after ministers rejected a proposal that he stay on while trying to turn the state-owned broadcaster into a mutually owned not-for-profit company. The Shareholder Executive, the government body which now owns state assets and is looking to reduce the public deficit, is understood to have instructed advisers to value Channel 4 both with its current remit to commission diverse coverage and to support independent producers and without any public service obligations other than those broadly shared by other broadcasters such as Channel 5 and ITV to provide news and current affairs. - www.theguardian.com
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