Summary of conclusions and recommendations
Chapter 1: Background
Chapter 2: Government position and ownership models
Box 1: Ownership options for C4C
Chapter 3: Economic sustainability
Current business model
Figure 1: Percentage viewing share: all individuals
C4C 2015 financial results
Box 2: Channel 4 Corporation results for 2015 at a glance
Figure 2: Total TV NAR at constant prices, 2010–2025f
Figure 3: Indicative TV advertising forecast to 2025
Market and technological developments
Figure 4: Total Channel 4 NAR and digital video revenues, 2010–2025f (£m)
Chapter 4: Impact of privatisation on content
Box 3: C4C statutory remit
Box 4: Current licence obligations for C4C
Is the current remit specific enough?
Current regulation of C4C
Would privatisation have an impact on the culture of C4C?
Protected areas of remit
News and Current Affairs
Figure 5: Share of viewing to ‘national and international news’ on television by UK adults (per cent)
Figure 6: News programmes by audience share 2015
Figure 7: Share of viewing to national and international news on television UK adults (16–24) (per cent)
Older children and young adults
Would a commercial operator be incentivised to maintain the quality?
Impact of commercial realities
Could a privatised or part privatised C4C deliver its current remit?
Could C4C be a profitable investment with the current remit?
What changes to the remit would be necessary for profitability?
Could a protected remit withstand future commercial pressures?
Box 5: Sanctions available to Ofcom in event of a breach of broadcast licence
Could Ofcom at present regulate a privatised remit for Channel 4?
What changes would be needed to the current regulatory system in order to hold a privatised or part-privatised C4C to account?
Chapter 5: Impact of privatisation on creative landscape
Role as innovator
Terms of trade
How much might C4C be worth?
Table 1: Ownership of media brands
Box 6: Competition and Markets Authority guidance
Who are the likely buyers if Channel 4 were to be privatised?
Chapter 6: Alternative ownership options
Status quo with support from regulatory reform
Minority private investment
Appendix 1: List of Members and Declarations of Interest
Appendix 2: List of Witnesses
Appendix 3: Call for Evidence
Appendix 4: Communications Act 2003
Appendix 5: Digital Economy Act 2010
Appendix 6: C4C Licence Agreement: Annex: Part 1 Requirements for the provision and content of the Channel 4 service
Appendix 7: Communications Act 2003
Evidence is published online at www.parliament.uk/hlcomms-future-of-Channel4 and available for inspection at the Parliamentary Archives (020 7219 3074).
Q in footnotes refers to a question in oral evidence
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