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U.K’s Channel 4 Posts Revenues of $1.6 Billion for 2023
U.K. public service broadcaster Channel 4 has revealed revenues of £1.02 billion ($1.6 billion) for 2023.
Channel 4 CEO Alex Mahon unveiled the results as part of the broadcaster’s latest annual report, which was published later than usual due to the general election earlier this summer. By committing even further to our digital transformation with our Fast Forward strategy, we are keeping Channel 4 ahead of the curve and protecting its ability to continue delivering trusted and distinctive content to the British public.” The annual report comes at a time of continuing turmoil for the U.K. TV industry due to economic instability caused by the advertising downturn, inflation and deep-pocketed streamers jockeying for eyeballs and talent.
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