Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Inflation stays below three per cent despite price warning

      The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      England’s secret weapon against World Cup heat? British company’s £26 product

      Breaking news scene with journalists interviewing a business leader in front of corporate headquarters, microphones and ca...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Wednesday 08 June 2016 3:40 pm

Channel 4 chief exec warns privatisation move would stop emergence of programmes like Gogglebox

By: William Turvill

Add as a preferred source on Google

The chief executive of Channel 4 has warned that programmes like Gogglebox would struggle to emerge if the government introduced any form of privatisation.

David Abraham is appearing alongside Channel 4’s chair, Charles Gurassa, before the Culture, Media and Sport Committee this afternoon.

Read more: Channel 4 takes stake in content firm behind Bear Grylls' YouTube channel

It comes after culture secretary John Whittingdale indicated to the committee on Tuesday that the government was still considering its options over the publicly owned, but commercially funded, channel. He also said that “quite a number of people” had expressed an interest.

The government has been considering selling off Channel 4 since last year. But it emerged last month that full privatisation is now off the table, with partial privatisation still possible.

Abraham suggested that a move towards privatisation would lead to the channel coming “under pressure”. He added: “You don’t arrive at the new ideas, because you’re not taking the same level of creative risk because you’re looking at the bottom line more.

Read more: Channel 4 condemns "prolonged uncertainty" over privatisation

“So great things like Gogglebox that appear now to be great commercial hits… they’ve been arrived at through a process of experimentation, which are the by-product of the not-for-profit model.

“So I fundamentally disagree with the assertion that all of these wonderful things would continue. They are the product of the model.”

Companies including Viacom, BT and Discovery have been linked with moves for Channel 4. Discovery’s chief executive indicated his company remains interested in buying a stake in the channel last week.

Both Abraham and Gurassa have spoken out against privatisation in the past few months.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Media

Related Topics

  • M&A

Trending Articles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • London Tech Week sums up everything wrong with UK tech

More from CityAM

  • New Married At First Sight series still in edit despite ‘troubling’ allegations

    Media
    Channel 4 headquarters at Horseferry Road, London, showcasing modern architecture and urban surroundings
  • Channel 4 puts HQ up for sale as London footprint shrinks

    Media
    Channel 4 headquarters at Horseferry Road, London, showcasing modern architecture and urban surroundings
  • British forces intercept Russian shadow fleet in Channel

    Politics
    The five warships will be built at BAE's flagship facility in Glasgow
  • The Rest is Investing: Gary Lineker-backed Goalhanger launches venture capital arm

    Investing
    Gary Lineker co-owns Goalhanger
  • CMA launches antitrust probe into Hollywood’s mega merger

    Media
    GettyImages 2250424721 shows a professional business meeting with diverse executives discussing strategies in a modern con...
  • Xsolla Expands Its Community Management Tools for Creators, Community Leaders, and Resellers

    Business Wire
  • MP calls on government to mandate for free-to-air Champions League final

    Sport Business
    Breaking news event with reporters gathering for a press conference, microphones ready and audience awaiting statements
  • Liz Kendall ramps up push to funnel pension cash into UK startups

    Tech
    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies