Channel Four Television Corporation

Channel Four Television Corporation is a British state-owned media company which runs 12 television channels and a streaming service. Unlike the BBC, it receives no public funding and is instead funded entirely by its own commercial activities. Its original and principal activity is the British national television network Channel 4.

Channel Four Television Corporation
FormerlyChannel Four Television Company Limited (1982–1993)
Company typeStatutory corporation
IndustryMass media
Founded2 November 1982 (1982-11-02)
Headquarters124 Horseferry Road,
London
,
United Kingdom
Area served
United Kingdom
Isle of Man
Guernsey
Jersey
Ireland
Key people
Ian Cheshire
(Chairman)
Alex Mahon
(Chief Executive)
Revenue
  • £934 million (2020)
  • £985 million (2019)
  • £74 million (2020)
  • −£26 million (2019)
Net income
  • £69 million (2020)
  • −£25 million (2019)
Total assets
  • £943 million (2020)
  • £805 million (2019)
Total equity
  • £452 million (2020)
  • £385 million (2019)
OwnerUK Government Investments
Number of employees
992 (2020)
ParentDepartment for Culture, Media and Sport
Websitechannel4.com/corporate
Footnotes / references

The company was founded in 1982 as the Channel Four Television Company Limited, a wholly-owned subsidiary of the IBA, and became an independent statutory corporation in 1993. November 1998 saw Channel Four expand beyond its remit of providing the 'fourth service' in a significant way, with the launch of Film4. Since then the corporation has been involved in a range of other activities, all in some way associated with the main channel, and mainly using the '4' brand. The company also owned The Box Plus Network, a music-focused company with a network of six music television channels. One of them, 4Music was folded into the corporation in 2019.

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