Channel 4 Privatisation

Alun Cairns Excerpts
Wednesday 27th April 2022

(2 years, 1 month ago)

Commons Chamber
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Julia Lopez Portrait Julia Lopez
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I always enjoy engaging with the hon. Gentleman. The Government do not see “profit” as a dirty word; profit is key to creating investment in the companies and kinds of content that he is concerned about. He is right to celebrate Channel 4. We celebrate it and all the fantastic content that it brings, but this is about maintaining and increasing spend on content. That is why we will have a series of reforms in tomorrow’s broadcasting White Paper that I hope will reassure him of our intentions as a Government to have a sustainable PSB sector. I go back to the point that, through the PSB system, we get commitments in the remit to the kind of news content that he is absolutely right to highlight as incredibly important to our soft power.

Alun Cairns Portrait Alun Cairns (Vale of Glamorgan) (Con)
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Channel 4 spent £516 million on original content in 2006. That number fell to £329 million because advertising incomes fell at a similar pace. Does my hon. Friend agree that unless we do something, Channel 4 is at risk of stagnating, and that we can keep a similar news remit, commitment to diversity and investment in nations and regions in a different model?

Julia Lopez Portrait Julia Lopez
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I agree about the fundamental trends that my right hon. Friend highlights, and about some of his concerns. Channel 4 has fundamentally accepted those concerns in providing us with a range of alternative options, which we have looked at very carefully. We believe that the route we are highlighting is right because, through that, we will have a more sustainable public service broadcasting system, and we will be able to maintain the content and our commitments to some of the less commercially viable programming that audiences very much value.