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Read this: Channel 4 pays millions in bonuses amid coronavirus TV ad slump

Summary: Channel 4 has paid out millions in bonuses to bosses and staff while opening talks with the government about potentially tapping an emergency 75m credit facility as the coronavirus hammers the TV industry. The broadcaster said it was committed to making the bonus payments last month in its February payroll, which was when advertisers in travel-related sectors began to pull TV advertising as the coronavirus spread. At the beginning of March, ITV warned investors of a significant slump in TV ad spending due to the coronavirus. - www.theguardian.com

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Channel 4 pays millions in bonuses amid …



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