The single biggest contribution we can make is what we spend on British IP.
And Channel 4 is not the only British broadcaster struggling with a deficit.
The BBCs annual reportrevealed a near-doublingof its deficit to almost 500M recently as it announced 500 more layoffs.
‘Big Boys’: One of Channel 4’s best-performing shows on streaming in 2023Channel 4
This all had tough consequences.
For him that was an important decision in terms of his work with indie producers.
For the third consecutive year, Channel 4s revenue topped 1B.
Channel 4 CEO Alex Mahon and Ian Katz, Chief Content OfficerGetty/Channel 4
Similar digital growth is expected in 2024.
We will still focus on how we manage operational costs over the next couple of years, she added.
That linear reduction takes time and has to be done with how the audience moves.
Commercial rival ITV has enacteda similar number of layoffs, with the majority taking voluntary redundancy.
