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by tialaramex 1543 days ago
For-profit newspapers in the UK are part funded by the "TV license" but Channel 4 is not.

Channel 4 is funded by advertising, and by its for-profit ventures like Film 4, which is one of the production companies for famous movies like "12 Years A Slave".

1 comments

They do not receive funding from the TV license. However channel four is owned by the British Government.

https://en.wikipedia.org/wiki/UK_Government_Investments

Sure, the British Government owns a bunch of things, including Railway Companies, several Banks, and lots of special purpose companies like the Low Carbon Contracts Company (which exists ordinarily to pay a subsidy to e.g. wind farms, but with energy prices so high actually they pay it money instead)

Selling off these natural monopolies to a private investor who will then demand extra profits to do roughly the same thing and be an intractable obstacle to any political changes is Tory policy but it does not make any actual economic sense it's purely ideological.