Channel Four Television Corporation

Channel Four Television Corporation
FormerlyChannel Four Television Company Limited (1982–1993)
Company typeStatutory corporation
IndustryMass media
Founded2 November 1982 (1982-11-02)
Headquarters124 Horseferry Road, ,
Area served
United Kingdom
Isle of Man
Guernsey
Jersey
Ireland
Key people
Ian Cheshire
(Chairman)
Alex Mahon
(Chief Executive)
Revenue
  • Decrease£934 million (2020)
  • £985 million (2019)
  • Increase£74 million (2020)
  • −£26 million (2019)
  • Increase£69 million (2020)
  • −£25 million (2019)
Total assets
  • Increase£943 million (2020)
  • £805 million (2019)
Total equity
  • Increase£452 million (2020)
  • £385 million (2019)
OwnerUK Government Investments
Number of employees
992 (2020)
ParentDepartment for Culture, Media and Sport[1]
Websitechannel4.com/corporate
Footnotes / references
[2]

Channel Four Television Corporation is a British state-owned media company which runs 12 television channels and a streaming service.[3] Unlike the BBC, it receives no public funding and is instead funded entirely by its own commercial activities.[4] Its original and principal activity is the British national television network Channel 4.

The company was founded in 1982 as the Channel Four Television Company Limited, a wholly-owned subsidiary of the IBA, and became an independent statutory corporation in 1993.[5][6][7] November 1998 saw Channel Four expand beyond its remit of providing the 'fourth service' in a significant way, with the launch of Film4. Since then the corporation has been involved in a range of other activities, all in some way associated with the main channel, and mainly using the '4' brand. The company also owned The Box Plus Network, a music-focused company with a network of six music television channels. They were folded into the corporation in 2019.

  1. ^ "Channel 4". GOV.UK. Retrieved 23 December 2015.
  2. ^ "Channel Four Television Corporation Report and Financial Statements 2020" (PDF). Channel Four Television Corporation. Retrieved 9 January 2022.
  3. ^ "Privatising Channel 4: What could new ownership mean and who might buy it?". BBC News. 5 April 2022. Retrieved 2 February 2023.
  4. ^ "Frequently Asked Questions | Channel 4". www.channel4.com. Retrieved 2 February 2023.
  5. ^ "Annual Report 1990" (PDF). Channel 4. p. 20. Archived (PDF) from the original on 2 September 2014. Retrieved 15 August 2015.
  6. ^ "National Assets Register of the Department of Culture Media & Sport" (PDF). pp. Page 42. Archived from the original (PDF) on 5 February 2007. Retrieved 23 March 2007.
  7. ^ Russ J Graham (11 September 2005). "Yes it's no". seefour by Electromusications from Transdiffusion. Archived from the original on 24 January 2007. Retrieved 23 March 2007.

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