1. Kirsty, I’ve been made aware of your tweets and would like to respond.
‘Mrs Thatcher would be spinning in her grave.’
It is very clear in Mrs Thatchers memoirs, ‘The Downing Street Years,’ that she very much wanted to sell C4 in 1988.
2 ‘C4 should be preserved as it is’ - with decreasing advertising revenue and decreasing investment in new content, that is not possible.
‘at least to let it change as it wants, not as the Gov dictates’ - The Government own C4. This fact appears to be lost in the outrage.
3. If C4 were ever unable to repay borrowings or liabilities, the burden would fall on the taxpayer, presenting the Gov with limited options. We have chosen an option to allow C4 to do exactly as you wish, thrive.
4. There is of course the bonus a sale will bring to the entire sector which is that the proceeds of sale will be invested back into people from all backgrounds, especially those from left behind communities because talent is everywhere, not just in the SE.
5. We will invest in skills in order to benefit from incoming demand
due to our booming film and TV sector due to the favourable tax benefit/relief and funding this gov has put in place to encourage film industry to regard Britain as its home.
6. I also love C4, especially Location Location, but as I say in my article, it’s time to look to the future.The channels salad days are in the past. Being owned by the Gov is restrictive. Time for C4 to fly the nest towards a very exciting future.
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