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Read this: Channel 4 axes channel controller role in management shakeup | Media |

Summary: The boost in budget, which will take Channel 4's programming clout back to 550m, follows a series of cuts aimed at protecting the broadcaster's profitability. The increase follows a blistering performance in terms of TV ad sales with Channel 4 recording double-digit year-on-year increases in ad revenue each month so far in 2010. Separately, the Channel 4 chief executive, David Abraham, has announced that the broadcaster's channel controllers will be removed. -

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