A report commissioned by Channel 4 has shown that the publically-owned
station contributes £2bn to the economy and supports 22,000 jobs in the creative
The report, compiled by
, was released as C4 chief executive Andy Duncan renewed calls for financial
The channel is publicly owned but relies on advertising for funding.
According to the FT
, the group is predicting an annual deficit of £100m by 2012.
In an Ofcom
submission, C4 said revenues were strong, but these earnings would shrink
with the development of multi-channel viewing.
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