BT for C4?
March 3, 2009
The credibility of a deal between BT and Channel 4 has a gained a little
after the broadcaster’s chairman said he would welcome talks that could offer a solution to its £150 million (E169m) funding shortfall.
Luke Johnson, Channel 4’s chairman, is reported to have said that a tie-up with BT’s television subsidiary BT Vision is “worth exploring”, after holding preliminary talks with the group. The need for a partner for Channel 4 is becoming more apparent, with the Government keen for a solution to what will become a £150 million annual funding shortfall by 2012.