Channel 4 Television: Privatisation

Department for Digital, Culture, Media and Sport written question – answered on 15th June 2022.

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Photo of Jesse Norman Jesse Norman Conservative, Hereford and South Herefordshire

To ask the Secretary of State for Digital, Culture, Media and Sport, what her Department's valuation is of Channel 4 as of 9 June 2022; and on what assumptions that valuation has been made.

Photo of Jesse Norman Jesse Norman Conservative, Hereford and South Herefordshire

To ask the Secretary of State for Digital, Culture, Media and Sport, what estimate her Department has made of the projected cash return from the privatisation of Channel 4; and on what assumptions that projection has been made.

Photo of Julia Lopez Julia Lopez Parliamentary Secretary (Cabinet Office), Minister of State

Channel 4 has a strong reputation for innovative and diverse content, a proactive strategy to be a digital first provider, and huge popularity with a range of audiences, including valuable younger audiences. The Government expects this will appeal to a broad range of different purchasers.

As with the sale of any government asset, any sale of Channel 4 will involve a careful assessment process to ensure value for money for the taxpayer.

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