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#154629 - 1st May 2007 7:44pm Channel 4 Profits Drop By 70%
MattLFC Offline
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Registered: 14th Aug 2004
Posts: 22315
Loc: Moreton/Beirut/Mobile
Originally Posted By: Digital Spy
Channel 4 has blamed declining advertising revenues and higher spending on digital TV for a 70% decline in its profits to 14.5 million in 2006.

The group, which released its annual report today, increased spending on programmes from 573 million to 608 million, with 125 million of the total spent on annual entertainment shows like Big Brother.

Channel 4 director of television Kevin Lygo indicated that its spend on US imports like Ugly Betty will be the first area to be cutback.

The channel's acquisitions spend rose from 112.9 million in 2005 to 127.2 million last year, but the number of programming hours such shows took up fell from 3,382 to 3,278.

Well its been coming for ages, Ofcom recently reported that by 2011 Channel 4 will be running completely off savings as they will not even be breaking even.

So it looks like its true and they will probably go out of business in the next 5 years.

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#154644 - 1st May 2007 11:43pm Re: Channel 4 Profits Drop By 70% [Re: MattLFC]
BMW Joe Offline
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Registered: 30th Apr 2006
Posts: 12369
Loc: Birkenhead
What did they expect?

Bit of advice:
Big brother is lame, and became boring after the first series...so stop showing it!!!

Cutting back on US Imports is probably the worst decision by Channel 4.

I think these shows bring in the viewers. I'm a fan of shows like ER and Scrubs.

What other content will they have to offer without them?!?! More big brother?!?! mad
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#154659 - 2nd May 2007 8:38am Re: Channel 4 Profits Drop By 70% [Re: BMW Joe]
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Registered: 10th Nov 2003
Posts: 3793
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Channel 4 is the best channel on tv. I really hope it manages to stay afloat with the quality it produces (not big brother obviously)
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