Estimates of a £1bn windfall to pay government debt may be overestimated and its remit could turn off potential buyersThere is no weirder fish in the broadcasting seas than Channel 4: state-owned but commercially funded,forced to earn uncommercial programming and barred from making a profit. Perhaps even odder, it was set up by a government which did more than any other to popularise private ownership and the profit motive. Go figure.
Which is precisely what the government is doing – 33 years after Margaret Thatcher’s first administration gave birth to Channel 4 – with an analysis of how privatisation can “extract greater public value” from it. Or how much the broadcaster would be worth to the nation’s coffers if it was sold off.Continue reading...
Source: theguardian.com