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U.K. Broadcaster Channel 4 Confirms 200 Layoffs, Reveals Plans for Becoming ‘Digital-First Public Service Streamer by 2030’
U.K. public service broadcaster Channel 4 has confirmed the 200 layoffs that were being planned earlier this month.
Channel 4 has also unveiled a five-year strategy called Fast Forward to “reshape the organization and accelerate its transformation into an agile, genuinely digital-first public service streamer by 2030,” the broadcaster said. This programming will have a “ruthless focus on cut-through” with fewer, stronger new titles that generate more scale and impact, the broadcaster said, adding that the aim is to doubling the number of members of Channel 4+, its ad-free tier, by 2030. Channel 4 means something to British people – we are trusted, we are a beacon for quality, we stand out for fresh and exciting ideas that matter and will be even more important in a crowded landscape of global content.
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