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That is an intuitive and well-made point. I was going to come to it further in my speech, though not with such eloquence and detail as the hon. Gentleman. Besides the Paralympics, long-term programmes such as “Dispatches” have been highly successful, and Film4 productions have been critically acclaimed so it is of little surprise that Channel 4 has been unfailingly popular since its creation. What is more, as a publicly-owned but commercially-funded broadcaster, it continues to air such innovative content in a sustainable manner. Because Channel 4 is funded by advertising and is financially self-sufficient, taxpayers can watch high-quality programmes at no cost.
I, too, am a fan of Channel 4, for all of the reasons that the hon. Gentleman and my hon. Friend the Member for North Swindon (Justin Tomlinson) have already mentioned, and because Channel 4 supports something like 19,000 jobs and spends more—some £600 million—on content from independent producers than any other channel in the UK. Does the hon. Gentleman agree that if it ain’t bust, don’t fix it?
Mr Stringer, I assure you I did not distribute my speech in advance of the debate, but that is a further point I will go on to elucidate. The hon. Gentleman made the point I am going to make about the financial benefits of Channel 4 and the fact that it is an aggregate benefit, operating as now in the public sector but with private funding, and it is an asset to the public.
The model is unique within the UK’s broadcasting ecology. Unlike other organisations, Channel 4 operates as a publisher-broadcaster, meaning that it does not produce its in-house programmes. Instead, it commissions all of its content from independent production companies from across the UK private sector and works with more independent producers than any other channel. As a result, Channel 4 supports a vast network of small and medium-sized enterprises. Since its creation in 1982, it has spent £12 billion on content and, as the hon. Gentleman said, it spent a record £600 million on content last year alone, of which £455 million was spent on British programming. While other public service broadcasters have cut their investment in UK content, Channel 4’s model has enabled it to weather market forces and increase its investment, and it therefore makes a huge contribution to the wider economy. Indeed, its own analysis has found that it adds over £1 billion to the UK’s gross added value and supports 19,000 jobs per year, as the hon. Gentleman said.
Just as Channel 4 occupies a crucial space in the UK’s broadcasting ecology, it also play a vital role in ensuring that the ecology is representative of our society. According to Trevor Phillips, a former chair of the Equality and Human Rights Commission, Channel 4 has been at the forefront of promoting minorities within our national media. Its news has a higher proportion of young and black, Asian and minority ethnic viewers than any other public service broadcaster. It is the only public service broadcaster whose overall viewership is getting younger, and its transformative impact on social attitudes, by presenting the viewpoints of BAME and lesbian, gay, bisexual and transgender people, as well as people with disabilities, has been remarkable.