This Government have not made any estimate of the value of the public stake in Channel 4.
Does my hon. Friend share my view that since Channel 4 barely makes an operating profit, any future economic value is more likely to come from cutting broadcasting and production costs, and there may therefore be little public service role for it if it were to be so treated?
I note what the Chairman of the Culture, Media and Sport Committee says. No doubt under his new remit he will want to make an inquiry into Channel 4. That inquiry might note that Channel 4 has increased its investment in broadcasting by 15%, which is welcome.