Brevity.
The question about privatisation is this: ITV’s profits are 26% of turnover, and Channel 4 has a £1 billion turnover. Are the Government seriously considering privatising Channel 4 and taking a quarter of its income for programming away?
The hon. Gentleman knows that in a fast-changing and challenging broadcasting environment, the Government want to ensure that Channel 4 has a strong and secure future, and that it can provide for audiences and support creative industries around the UK. I am looking at a broad range of options and, as I have said, I will report in due course.