Tendance Coatesy

Left Socialist Blog

A Privatised Channel 4, a “Netflix for Conservatives” ?

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Channel 4 may be a privatisation too far: here's why

“There are rumours that Downing Street wants hedge fund tycoon Sir Paul Marshall, a backer of GB News, to buy up Channel 4 and turn it into a “Netflix for Conservatives.””

I would not trust the Tories with the future of Channel 4.

The Channel is a British free-to-air public-service television network with a remit to produce “high quality and distinctive programming”. It has one the best news programmes in the world, Channel Four News, headed by the soon to be retiring Jon Snow. It would be take more than a Blog post to list the Channel’s triumphs which have recently included It’s a Sin. “Humour and humanity are at the heart of this sublime series about London’s gay community in the 1980s, from the creator of Queer as Folk.( Lucy Mangan.) Amongst the non-English language drama it has broadcast this year is Deutschland 89  All of progressive humanity loves the Buffy the Vampire Slayer series and Angel, the programmes, now available on More 4.

Obviously every ‘anti-woke’ loony-bins and Tory spiv in the land loathes Channel Four.

The Government’s determination to sell off Channel 4, restated this week by Culture Secretary Oliver Dowden, has been repeated more often than Grand Designs.

This time ministers seem serious, with Dowden suggesting privatisation could be take place within three years.

“It is important when we look across the broadcasting market we consider the appropriate ownership,” he told MPs.

He continues,

Would the BBC, fearful of alienating ministers, have green-lit Brexit: The Uncivil War, Channel 4’s prescient 2019 drama, starring Benedict Cumberbatch as Dominic Cummings?

The remit would be cast aside by a Channel 4 responsible solely to shareholders following a full-scale privatisation.

There are rumours that Downing Street wants hedge fund tycoon Sir Paul Marshall, a backer of GB News, to buy up Channel 4 and turn it into a “Netflix for Conservatives.”

The committee examining could allow Channel 4 to offer up a stake, which would interest US giants such as Discovery and Viacom, Channel 5’s owner, while ensuring the broadcaster retains a commitment to deliver impartial news and current affairs, as well as catering for minority audiences under-served by competitors.

Here is this hard right pilferer.

One of the City’s most prominent hedge fund managers is preparing to invest millions of pounds in GB News, the fledgling current affairs broadcasting company which is targeting a launch into British homes next year.

Sky News has learnt that Sir Paul Marshall, the co-founder of Marshall Wace, is in advanced talks about injecting approximately £10m into GB News.

Sources said that an announcement about the new channel’s fundraising could be made in the coming days once it has finalised the line-up of its founding shareholders.

City tycoon Marshall tunes into £60m GB News fundraising


Written by Andrew Coates

May 15, 2021 at 4:05 pm

2 Responses

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  1. Reblogged this on Tory Britain! .


    May 15, 2021 at 4:31 pm

  2. I wouldn’t trust the tories with vaccine passports either.


    May 16, 2021 at 1:36 pm

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