London Daily

Focus on the big picture.
Wednesday, Dec 17, 2025

Channel 4 offers to sell London HQ under alternative plan to privatisation

Channel 4 offers to sell London HQ under alternative plan to privatisation

Broadcaster proposes almost doubling staff outside capital and becoming ‘northern-based’
Channel 4 has said it could sell its £100m London headquarters and almost double the number of staff working outside the capital under plans to become “northern-based” that it hopes offer an attractive alternative to the government’s privatisation push.

Describing itself in the proposals as the “levelling up broadcaster”, it said it intended to increase spending on TV shows commissioned by production companies outside of London by hundreds of millions of pounds annually by 2030, in a move it estimated would create at least 3,000 jobs.

The broadcaster, which is state-owned but commercially funded, said the changes would mean the majority of its 900 staff would be based in locations including its “national headquarters” in Leeds, and hubs such as Glasgow, Bristol, Manchester and Birmingham, with the number of staff working outside London nearly doubling to 600 by 2025.

“Alongside this, we would streamline our presence in London by creating a new London base that reflects our new ways of working,” the broadcaster said in its plan, called 4: The Next Episode, which had been rejected by the government.

“As we embrace hybrid working, and reorient our focus away from London to the nations and regions – a reorientation intrinsic to our existence in public ownership – Channel 4 may require a different scale London base.”

The government eyed the £100m windfall of a potential sale of Channel 4’s headquarters in Victoria, central London, the last time it attempted to privatise the broadcaster but ultimately backed down.

Channel 4’s plan also includes the creation of a joint venture, with an external investor as a majority shareholder, to spend £200m annually on new content and ultimately boost its total programming budget from £700m to £1bn a year by 2030.

Other plans include launching its All4 streaming service globally, targeting younger demographics, which it believes could make a further £100m annually.

Last week, the Department for Digital, Culture, Media and Sport (DCMS) started the formal process to privatise Channel 4 in a wide-ranging white paper shaking up the British media industry, despite widespread opposition across the sector and from Labour and Conservative MPs, arguing it needs to be in private hands to be able to compete financially with global streaming giants such as Netflix.

The government’s consultation received 56,000 responses, with 96% against privatisation.

“Channel 4 is in the most robust health it has ever been,” said Alex Mahon, the broadcaster’s chief executive. “This is an attractive, realistic and sustainable solution while remaining in the hands of the British public.

“There is plenty of evidence [that privatisation] is not what the public want and not what industry want. I’m sure the DCMS do not want to damage the creative industries. But this white paper as it is currently laid out, we need to be very careful we do not create unintended negative consequences for the industry. There are plenty of stages to go in the ownership discussion.”

Channel 4 research estimates that government plans to scrap its unique publisher/broadcaster model, in which programme rights revert to makers allowing them to commercially exploit them after they air, could cost 4,000 jobs and hundreds of millions annually for production companies.

A DCMS spokesperson said: “The government, as the ultimate owner of Channel 4, has made the decision to sell. We are crystal clear that a change of ownership is necessary to give Channel 4 the best possible tools to innovate and grow at pace without asking the taxpayer to effectively underwrite the business.”

It has been speculated in City circles that Mahon – who has extensive private sector experience including spending almost a decade running Elisabeth Murdoch’s Shine, maker of shows including MasterChef, which was sold to her father Rupert’s News Corporation in 2011 – may become involved in a form of management buyout of the broadcaster.

However, on Thursday Mahon ruled herself out of any potential involvement, stating that the future of Channel 4 would lie with the government and UK Government Investments (UKGI), which oversees the state’s ownership of the broadcaster.

“I’ve got to be very clear on delivering the best thing for Channel 4,” she said. “And for that I have got to run the business, be independent of such things, optimise the remit, do that for the next few years. What does or doesn’t get decided through a sales process will not be up to me. That will be up to UKGI and how the government do this. Therefore I am remaining completely independent of that.”
Newsletter

Related Articles

0:00
0:00
Close
Trump Files $10 Billion Defamation Lawsuit Against BBC as Broadcaster Pledges Legal Defence
UK Says U.S. Tech Deal Talks Still Active Despite Washington’s Suspension of Prosperity Pact
UK Mortgage Rules to Give Greater Flexibility to Borrowers With Irregular Incomes
UK Treasury Moves to Position Britain as Leading Global Hub for Crypto Firms
U.S. Freezes £31 Billion Tech Prosperity Deal With Britain Amid Trade Dispute
Prince Harry and Meghan’s Potential UK Return Gains New Momentum Amid Security Review and Royal Dialogue
Zelensky Opens High-Stakes Peace Talks in Berlin with Trump Envoy and European Leaders
Historical Reflections on Press Freedom Emerge Amid Debate Over Trump’s Media Policies
UK Boosts Protection for Jewish Communities After Sydney Hanukkah Attack
UK Government Declines to Comment After ICC Prosecutor Alleges Britain Threatened to Defund Court Over Israel Arrest Warrant
Apple Shutters All Retail Stores in the United Kingdom Under New National COVID-19 Lockdown
US–UK Technology Partnership Strains as Key Trade Disagreements Emerge
UK Police Confirm No Further Action Over Allegation That Andrew Asked Bodyguard to Investigate Virginia Giuffre
Giuffre Family Expresses Deep Disappointment as UK Police Decline New Inquiry Into Andrew Mountbatten-Windsor Claims
Transatlantic Trade Ambitions Hit a Snag as UK–US Deal Faces Emerging Challenges
Ex-ICC Prosecutor Alleges UK Threatened to Withdraw Funding Over Netanyahu Arrest Warrant Bid
UK Disciplinary Tribunal Clears Carter-Ruck Lawyer of Misconduct in OneCoin Case
‘Pink Ladies’ Emerge as Prominent Face of UK Anti-Immigration Protests
Nigel Farage Says Reform UK Has Become Britain’s Largest Party as Labour Membership Falls Sharply
Google DeepMind and UK Government Launch First Automated AI Lab to Accelerate Scientific Discovery
UK Economy Falters Ahead of Budget as Growth Contracts and Confidence Wanes
Australia Approves Increased Foreign Stake in Strategic Defence Shipbuilder
Former UK Prime Minister Boris Johnson proclaims, “For Ukraine, surrendering their land would be a nightmare.”
Microsoft Challenges £2.1 Billion UK Cloud Licensing Lawsuit at Competition Tribunal
Fake Doctor in Uttar Pradesh Accused of Killing Woman After Performing YouTube-Based Surgery
Hackers Are Hiding Malware in Open-Source Tools and IDE Extensions
Traveling to USA? Homeland Security moving toward requiring foreign travelers to share social media history
UK Officials Push Back at Trump Saying European Leaders ‘Talk Too Much’ About Ukraine
UK Warns of Escalating Cyber Assault Linked to Putin’s State-Backed Operations
UK Consumer Spending Falters in November as Households Hold Back Ahead of Budget
UK Orders Fresh Review of Prince Harry’s Security Status After Formal Request
U.S. Authorises Nvidia to Sell H200 AI Chips to China Under Security Controls
Trump in Direct Assault: European Leaders Are Weak, Immigration a Disaster. Russia Is Strong and Big — and Will Win
"App recommendation" or disguised advertisement? ChatGPT Premium users are furious
"The Great Filtering": Australia Blocks Hundreds of Thousands of Minors From Social Networks
Mark Zuckerberg Pulls Back From Metaverse After $70 Billion Loss as Meta Shifts Priorities to AI
Nvidia CEO Says U.S. Data-Center Builds Take Years while China ‘Builds a Hospital in a Weekend’
Indian Airports in Turmoil as IndiGo Cancels Over a Thousand Flights, Stranding Thousands
Hollywood Industry on Edge as Netflix Secures Near-$60 Bln Loan for Warner Bros Takeover
Drugs and Assassinations: The Connection Between the Italian Mafia and Football Ultras
Hollywood megadeal: Netflix acquires Warner Bros. Discovery for 83 billion dollars
The Disregard for a Europe ‘in Danger of Erasure,’ the Shift Toward Russia: Trump’s Strategic Policy Document
Two and a Half Weeks After the Major Outage: A Cloudflare Malfunction Brings Down Multiple Sites
UK data-regulator demands urgent clarity on racial bias in police facial-recognition systems
Labour Uses Biscuits to Explain UK Debt — MPs Lean Into Social Media to Reach New Audiences
German President Lays Wreath at Coventry as UK-Germany Reaffirm Unity Against Russia’s Threat
UK Inquiry Finds Putin ‘Morally Responsible’ for 2018 Novichok Death — London Imposes Broad Sanctions on GRU
India backs down on plan to mandate government “Sanchar Saathi” app on all smartphones
King Charles Welcomes German President Steinmeier to UK in First State Visit by Berlin in 27 Years
UK Plans Major Cutback to Jury Trials as Crown Court Backlog Nears 80,000
×