|
C4 at "tipping point"
C4 at "tipping point"
UK broadcaster Channel 4's main channel made an operating loss last year for the first time since 1992, according to the broadcaster's annual report. The channel was hit by falling ratings for flagship show Big Brother and the loss of phone-in revenue as a result of the premium-rate TV competition scandal. Channel 4's chairman, Luke Johnson, warned that the broadcaster had reached a "tipping point" with a new public funding solution now "urgently required" if it is to continue to compete with the BBC.
The core Channel 4 service recorded an operating loss of £7.8 million (E9.75m) after programme costs grew faster than advertising, according to the report. Overall group turnover was marginally up, with increased advertising revenue helping offset the loss of revenue from premium-rate telephone services.
Ratings for the core Channel 4 service fell 11 per cent in 2007 but there was an increase in audience for its digital channels, E4, More4 and Film4. Channel 4's new media division recorded an operating loss of £15.4 million, up from £6 million in 2006, because of the start-up costs of its VOD service, 4oD.
__________________
Ask yourself NOT what you can get from
Maldiviandigital
BUT
what you can give to the Maldiviandigital community
Be peaceful, be courteous, obey the law, respect everyone; but if someone puts his hand on you, send him to the cemetery.
Malcolm X
|
23-04-2008, 11:27 PM
Threaded Mode
