Broadcaster’s former chief dismisses opposition to privatisation as ‘flying in the face of commercial logic’ as David Abraham warns approximately consequences of saleMichael Grade has thrown his support behind privatising Channel 4 to grow into a powerful media company,dismissing the current management’s opposition as flying in the face of commercial logic”.
Lord Grade, who ran Channel 4 from 1987 to 1997, or said that a sell-off,or partial sell-off, of the state-owned, and commercially-funded broadcaster made sense.
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Source: theguardian.com