Of course they can coexist. What we want to make sure of is that Channel 4 is existing, competing and able to continue to attract the viewership it deserves for its excellent programming. Netflix, Amazon and many others are increasingly competing, particularly among a younger audience—who make up such an important part of Channel 4’s current viewership. The way people consume television is changing rapidly. Netflix spends two and a half times as much as Channel 4 does on original content. We want to make sure that Channel 4 has the ability to borrow and invest so that it can compete and continue to attract viewers.
Channel 4 Privatisation
Proceeding contribution from
Lord Parkinson of Whitley Bay
(Conservative)
in the House of Lords on Tuesday, 5 April 2022.
It occurred during Private notice question on Channel 4 Privatisation.
Type
Proceeding contribution
Reference
820 c1973 
Session
2021-22
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2022-04-06 09:31:57 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2022-04-05/22040532000100
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