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U.K. Weighs Selling Channel 4 Amid Streaming Rules Shakeup
- DCMS will publish findings of ownership review later this year
- Government also looking at ways to regulate streaming services
Photographer: Jack Taylor/Getty Images
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The U.K. will consider a sale of state-owned broadcaster Channel 4 Television Corp. and new regulations for streaming services like Netflix Inc. in a major shakeup of the government’s role in television.
The government will consult on Channel 4’s ownership and remit, and is set to publish findings later in the year, the Department for Digital, Culture, Media and Sport said in a statement on Wednesday. Ministers previously looked at selling the company in 2016.