Channel 4: Annual Report Debate
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Lord Watts
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Channel 4: Annual Report
Lord Watts Excerpts(1 year, 9 months ago)
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Lord Parkinson of Whitley Bay (Con)
No, I am not. According to PACT, only 7% of the total independent production sector revenue came from Channel 4 commissions. Channel 4 spends less on commissioning than ITV, which is of course privately owned. We think the things that Channel 4 does are what make it so successful. We are convinced that any future owner would want to continue to build on those things.
Lord Watts (Lab)
My Lords, the Government continue to say that they do not like to interfere with board decisions, and here is a board that has been very successful. The reason members had that salary increase was that it was linked to the company’s productivity, yet this Government think they know better than the board about the future of the Channel.
Lord Parkinson of Whitley Bay (Con)
As I say, this year’s report shows that Channel 4 is performing well. It is doing well in the current climate but, as the responsible owners of Channel 4, the Government are looking to the decades to come to make sure that it can continue to do that for the next 40 years and beyond.