Read this: Digital TV helps Channel 4 weather the recession | Media | guardian.co.uk
Summary: Channel 4 made a small profit of 300,000 in 2009 as a strong performance from digital TV and costcutting helped offset a 61.6m loss on its main network. Last year's recession, described by Channel 4 as the worst in its 28-year history, led to a 14 year-on-year decline in advertising revenues for the broadcaster's main terrestrial network, from 668.7m to 575.1m. The main channel's loss widened from 9.9m in 2008 to 61.6m last year, according to Channel 4's annual report for 2009, published today. - guardian.co.uk
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