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For as long as I could remember I have urged the government to flog the state-owed Channel 4. When I first started advocating the sale, 15 years ago now, it would probably have fetched just south of £1billion.
Now it would be lucky to go for a £100million. The bottom has fallen out of the free-to-air TV business. Even Culture Secretary Oliver Dowden has acknoldged the good times are gone by announcing he’s reviewing its future.
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There is nothing left to review Oliver. The game is over for C4. I tip my hat to Richard Desmond who sold C5 a good few years back for £350million and today the owners would be lucky to give it away.
The reason is the explosion of streamers and subscription businesses.
We want more television but we want television we pay for and not ad-funded television decided by the socialist tossers who for instance run C4.
The head of content at C4 is a former deputy editor of The Guardian. Enough said.
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Every night between 7-8pm they run a news programme that less and less people watch mainly because it’s a)Its Left-wing. b) Its boring.
More people see my rear end every day than watch the last half hour of their news show. Put everybody out of their misery Oliver and either flog it or shut it. Your choice.
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