Channel 4 has provided yet more concrete evidence to remain in public ownership, posting a record set of financial results including revenues topping £1B ($1.18B) for the first time, digital advert…
has provided yet more concrete evidence to remain in public ownership, posting a record set of financial results including revenues topping £1B for the first time, digital advertising shooting upwards and more spend than ever in the nations and regions.
The government’s major argument that Channel 4 needs to be able to better respond to competition from digital streaming giants also fell flat, with the report showing digital advertising revenue, one of the network’s key growth metrics, rose by 40% to £224M and now comprises 19% of total revenue. Channel 4 is targeting that figure to be 30% by 2025 and said it is on track.
and Culture Secretary Nadine Dorries, who rubberstamped privatization, will also be removed. Hopes are growing that Johnson’s replacement may reverse the sale, which was due to be debated in parliament this week but has now been cancelled. The vast majority of respondents to the government’s own consultation on privatization said a sale would be a bad idea.alternative vision to privatization
She went on to say: “Our job is to deliver what Parliament tasks us to do, and if or when that changes, I am confident that this incredible organisation will respond with the relentless energy it has always displayed.”The ever-controversial Dorries caused a stir during a May government committee session when she claimed that Channel 4 had used actors in a show she had participated in 12 years ago in which British MPs lived in council block estates for two weeks.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
By Putting Partisanship Aside, North Carolina Ranks No. 1 in America's Top States for Business, With the Nation's Strongest EconomyAlways a contender in CNBC’s annual state competitiveness rankings, North Carolina finishes on top for the first time.
Les mer »
Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High – Economics Bitcoin NewsThis week, the euro reached parity against the U.S. dollar for the first time in 20 years, while the USD index jumped to a record high.
Les mer »
U.K.’s Channel 4 Is in “Most Robust” Financial Health Ever, CEO Says Amid Government’s Privatization PushAlex Mahon also touts the broadcaster's mission to showcase diversity and 'challenge perceptions' as it reports record annual financials and a 40 percent gain in digital ad revenue.
Les mer »
Hipgnosis Songs Annual Revenue Jumps 25 Percent, Founder Touts Streaming Outlook Despite Economic Clouds'Despite the macro-economic environment, the attractiveness of the music streaming proposition continues to grow,' said Merck Mercuriadis. 'It is the lowest-cost entertainment subscription service.'
Les mer »
Fed’s Top Banking Regulator Michael Barr Confirmed by SenateHis confirmation as the Federal Reserve’s vice chairman for supervision provides the central bank with a full seven-member board for the first time in nearly a decade.
Les mer »
New perovskite-silicon solar cells smash through the 30 efficiency barrierThe researchers surpassed the milestone of 30 percent for the first time and established two certified world records.
Les mer »