BBC to plug C4 funding gap?
February 29, 2008
Channel 4 could be given a stake in the BBC’s commercial arm and launch a series of joint ventures with public bodies under radical plans being considered to plug a £100 million (E139m) funding gap. The Guardian reported that the Department for Culture, Media and Sport (DCMS) is examining a proposal for Channel 4 and the BBC to work more closely together.
Under the plan Channel 4 would receive a stake in the BBC’s commercial arm, which sells its programmes and channels globally and is expanding aggressively around the world.