Parts of this article (those related to the company's financials shown in the infobox) need to be updated.December 2015)(
Channel 4 headquarters, 124 Horseferry Road, London
|Founded||2 November 1982|
London, England, UK
Isle of Man
|Revenue||£960 million (2017)|
|£49.3 million (2010)|
|£38.6 million (2010)|
|Total assets||£458.3 million (2010)|
|Owner||UK Government Investments|
Number of employees
|Parent||Department for Digital, Culture, Media and Sport|
|Channel Four Television Corporation is a publicly owned media company headquartered in London, United Kingdom. Its original and principal activity is the British national television network Channel 4.
The company was founded in 1982 as Channel Four Television Company Limited, a wholly owned subsidiary of the IBA, and became an independent statutory corporation in 1993. November 1998 saw Channel Four expand beyond its remit of providing the 'fourth service' in a significant way, with the launch of Film4. Since then the corporation has been involved in a range of other activities, all in some way associated with the main channel, and mainly using the '4' brand.
Channel 4 is a national public-service television channel in the United Kingdom which began transmission on 2 November 1982. The channel was established to provide a fourth television service to the United Kingdom in addition to the two BBC services funded from the television licence, and the single commercial broadcasting network, ITV.
Channel 4 is largely commercially self-funded. With the conversion of the Wenvoe transmitter in Wales to digital on 31 March 2010, Channel 4 became a UK-wide TV channel for the first time. The channel is known for broadcasting a variety of programmes aimed at the public's interest. Its aim is to "champion unheard voices, take bold risks and stand up for diversity." The broadcaster's news department Channel 4 News is broadcast weekday evenings at 7:00–8:00 pm, with a five minute summary at 12:00 noon. It is broadcast on weekends as well, with one bulletin every evening for thirty minutes.
Channel Four launched a subscription film channel, FilmFour, on 1 November 1998. It was available on digital satellite television and digital cable. Companion services, such as FilmFour+1, FilmFour World and FilmFour Extreme were also available on some digital services. In 2003 Extreme and World were discontinued, and replaced with FilmFour Weekly. FilmFour Weekly closed in July 2006, when the main, newly named Film4 channel went free-to-view and became available on digital terrestrial. The switchover to digital terrestrial was heavily advertised. The adverts featured Lucy Liu, Christian Slater, Ewan McGregor, Judi Dench, Gael García Bernal, Willem Dafoe, Mackenzie Crook, Rhys Ifans, and Ray Winstone declaring "Film4 is now free" in various situations across London. It remains the only film channel available free on digital terrestrial television.
When Channel 4 had the rights to broadcast Test cricket in England, the downtime of the FilmFour channel was often used to broadcast uninterrupted coverage of a match when the main channel was committed elsewhere, usually to racing. At these times FilmFour was available unencrypted and free-to-air.
E4In terms of the station's remit and other duties, the creation of the corporation meant little change; the new corporation would have to manage its own advertising, rather than this being carried out on its behalf by the local ITV contractors (see Funding).