UK media regulator Ofcom has extended Channel 4’s public broadcaster licence by a further 10 years.
The new licence is designed to support Channel 4’s digital content and distribution strategy, while safeguarding its investment in UK content and protecting the interests of viewers who rely on traditional, scheduled broadcast television, said Ofcom.
The licence gives the broadcaster “flexibility” to support its digital transformation. In January, Channel 4 announced plans to become a “genuinely digital-first public service streamer” by 2030.
Speaking about the decision, Cristina Nicolotti Squires, Ofcom’s group director, broadcasting and media, said: “This new licence is the best outcome for audiences and for Channel 4.
“It strikes the right balance between giving Channel 4 the flexibility to support its digital transformation, while safeguarding highly-valued distinctive programming on its traditional channel for the long term.”
Channel 4 CEO Alex Mahon added, “We welcome Ofcom’s renewal of Channel 4’s ten-year licence and support for our strategy to become the first public service streamer.
“The new licence provides clarity for the next decade as we deliver our unique public service remit – investing in distinctive British content and trusted news for audiences and supporting the growth of the creative economy across the UK.”
