By John Glenday

BT has emerged as the most likely British contender to purchase Channel 4 amidst mounting speculation that the government may be gearing up for a potential privatisation of the broadcaster.

The provider has been named alongside Viacom and Discovery as the most likely bidders for the network but any sale may net the government far less than the £1bn windfall initially suggested, with a new report suggesting the actual sum could be as low as £500m depending on to what degree Channel 4’s public service model is protected.

Published by Channel 4 itself the 74 page tome suggests that privatisation would be Read full story ›

Source: The Drum