11-06-2023, 09:55 PM
And in the case of Packed Lunch whereever it came from they'd be a filming space required.
C4 also had a location in Manchester already where 4Sales are based.
www.channel4.com
The 2022 annual report should be due soon which will give us a clearer picture of the direction of travel (although it may not be until the 2023 report current woes are truly reflected) - the 2021 report was released in July last year and the 2020 report in June, so it should be imminent.
Last year everything was rosey - how quickly things can change:
www.channel4.com
C4 also had a location in Manchester already where 4Sales are based.
www.channel4.com
The 2022 annual report should be due soon which will give us a clearer picture of the direction of travel (although it may not be until the 2023 report current woes are truly reflected) - the 2021 report was released in July last year and the 2020 report in June, so it should be imminent.
Last year everything was rosey - how quickly things can change:
Quote:Financial Performance
In 2021, Channel 4’s corporation revenues exceeded £1 billion for the first time, growing by 25% year-on-year to £1.2 billion. This is also a significant increase of 18% on 2019’s pre-pandemic revenues.
A pre-tax surplus of £101 million broke 2020’s previous record figure of £74 million, significantly increasing the organisation’s net cash reserves to £272 million and net assets to £556 million and providing Channel 4 with a platform for future strategic growth and long-term investment.
Nearly one-fifth (19%) of total corporation revenues came from digital advertising, an increase of +40% year on year, demonstrating that the broadcaster’s Future4 strategy is on track to hit its 30% digital advertising revenue target by 2025.
The success of the Future4 strategy was reinforced by All 4, which delivered a record +21% growth in streaming views to more than 1.5bn views in 2021. All 4 is the UK’s biggest free streaming service and delivered 13% of total Channel 4 viewing.
Record investment in British content
Channel 4 spent £671m on content in 2021. This is the broadcaster’s third-highest content spend ever and an increase on 2020 (+29%, 2020: £522m) and pre-pandemic levels.
£492m was spent on originated content (+33%, 2020: £370m) in total. 55% of main channel content was made in the Nations and Regions, Channel 4’s highest level ever and achieving its 50% target two years ahead of schedule.
By the end of 2021, Channel 4 had around 400 roles based outside of London, across its bases in Leeds, Glasgow, Bristol and Manchester, and this number is expected to grow further in 2022.
In 2022, Channel 4 will continue to reinvest in the delivery of its remit and supporting independent producers across the UK. Channel 4 is on track to spend over £700m in content, the highest level in its 40-year history.
www.channel4.com