Proposed stake in BBC Worldwide to fill Channel 4 funding gap

Channel 4 could be given a stake in the BBC’s commercial arm as part of plans to being considered to plug the broadcaster’s £100m funding gap, reports MediaGuardian.

The Channel Four stake in BBC Worldwide, which sells its channels and programmes globally, is thought to be part of C4 chief executive Andy Duncan’s creative vision for the broadcaster, which to be unveiled on March 13.

Last year Duncans argued the channel would need £100m in public subsidy to survive in a multichannel future post ditigal switchover. MediaGuardian said it was not clear what Channel 4 would give the BBC in return for an equity stake but that any deal would need government approval.

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