Selling off the publicly owned UK broadcaster could depend on changing its business model
. Ultimately, it was decided that the benefits of a cash windfall to the government were outweighed by the scale of the detrimental impact on the independent TV sector. In 2017, the culture secretary Karen Bradley formally ruled privatisation out, saying Channel 4 was a “precious public asset” that would “continue to be owned by the country”. Instead, the government pushed for Channel 4 to relocate significant parts of its operations and staff out of London.
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