Oral Answers to Questions

Julian Knight Excerpts

Thursday 1st July 2021 Commons Chamber

[Mr Whittingdale]

I agree that selling off Channel 4 with no remit would be a mistake and that is certainly not our intention. John McVay, who is somebody I know well and have a great deal of respect for, is right that Channel 4 has done an excellent job in investing in independent production, but it is up against competition from big streaming services that can make 10 times the kind of investment that Channel 4 is capable of. That is why we think it is the right time to look at its ownership in order that, potentially, it can have access to much greater capital, which it will need in order to have a thriving future.

[Julian Knight (Solihull) (Con) [V]]

My own personal view, and I stress that it is my personal view, is that the recovery of Channel 4 and the evolving media landscape warrant close consideration of privatisation and sale. Four years is a lifetime in the modern media marketplace. Does the Minister agree that this would be a good juncture at which also to consider whether Channel 4 could be bolstered by a merger with ITV or even by hiving off BBC Worldwide, the commercial arm of the BBC, which has often underperformed but has tremendous international potential to build scale for Channel 4?

[Mr Whittingdale]

I am grateful to my hon. Friend, and I commend him and his Select Committee for the excellent report on public service broadcasting that they produced recently, which drew attention to the fact that the way in which we consume television is changing fast and that the switch from linear to digital is taking place even more quickly than some people anticipated. We have reached no conclusion as to the appropriate future ownership model for Channel 4—we maintain a completely open mind—but he raises a number of interesting possibilities and we look forward to seeing what submissions we receive as part of the consultation.