Channel 4 Privatisation Debate
Full Debate: Read Full DebateDepartment: Department for Digital, Culture, Media & Sport
Lord Dubs
Main Page: Lord Dubs (Labour - Life peer)Department Debates - View all Lord Dubs's debates with the Department for Digital, Culture, Media & Sport
Channel 4 Privatisation
Lord Dubs Excerpts(2 years, 1 month ago)
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Lord Parkinson of Whitley Bay (Con)
I am grateful to my noble friend for that reminder; he is absolutely right. It is important that our broadcasting sector continues to innovate and to remain competitive. It is doing so in an increasingly innovative and competitive field.
Lord Dubs (Lab)
My Lords, if the Government insist on pursuing this policy, what safeguard will there be against a foreign company buying Channel 4 and yet another of our major media becoming owned by people outside this country?
Lord Parkinson of Whitley Bay (Con)
Like the sale of any Government asset, the sale of Channel 4 will need to meet a careful assessment process to ensure value for money for the taxpayer. Further details will be set out in the White Paper to address that. We expect a lot of interest in Channel 4 from around the world.