Channel 4 Privatisation

Jamie Stone Excerpts
Wednesday 27th April 2022

(2 years, 6 months ago)

Commons Chamber
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Julia Lopez Portrait Julia Lopez
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I know that my hon. Friend is concerned about Yorkshire and the importance of ensuring that creative businesses there thrive. We share that fundamental aim. As I mentioned to my hon. Friend the Member for Warrington South (Andy Carter), the key thing is that we need broadcasters to wish to retain their public service broadcasting remit, because it includes our ability to impose quotas on production spend, including outside London. My hon. Friend the Member for Colne Valley (Jason McCartney) will know that his area has benefited substantially from that. We are seeking to stitch those kinds of commitments into not only the PSB remit, but the sale process, so that our aims on levelling up align with any future owners’ aims on levelling up.

Jamie Stone Portrait Jamie Stone (Caithness, Sutherland and Easter Ross) (LD)
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Shall we just remind ourselves of what things were like in the past? When I was growing up, there was an awful lot of pretty mediocre stuff on the box from across the pond, such as “The Lucy Show”, “Lost in Space” or “Batman”. As the hon. Member for Rhondda (Chris Bryant) said, however, we have had a cultural renaissance since then. Today, we have a British broadcasting product that is the envy of the world. Let us remember that, for the United Kingdom, that equals soft power, which is very important in these dark days. I have a straightforward economic question for the Minister. A new owner will want to make a profit and they will take money out. How will that possibly not impact on the money that would otherwise be spent in genuine local production companies the length and breadth of the United Kingdom, including in Scotland?

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.