Channel 4 was launched on 2nd November 1982 with a unique business model, under the Broadcasting Act 1981. They are funded predominantly by advertising and sponsorship, but unlike other broadcasters such as ITV, Channel 4 is not shareholder owned. Channel 4 is a statutory corporation, independent of Government, and governed by a unitary board made up of executive and non-executive directors, who are responsible for ensuring that Channel 4 fulfils its remit and delivers its financial responsibilities. Non-executive directors are appointed by OFCOM in agreement with the Secretary of State for Culture, Media and Sport. This system ensures they're not-for-profit status; that they are held accountable and that all profit generated by their commercial activity is directly reinvested back into the delivery of their public service remit.
In addition to the main Channel 4 service, which is available on all digital platforms as well as through traditional analogue transmission, their portfolio includes E4, More4, Film4 and 4Music, as well as an ever-growing range of online activities that includes channel4.com, Channel 4's bespoke video-on-demand service 4oD and standalone digital projects. Through its film arm Film4 Channel 4 is also a key supporter of British film making talent.
As a publisher-broadcaster, Channel 4 is required to commission UK content from the independent production sector. We are a major investor in the UK's creative economy, working with around 300 creative companies from across the UK every year and investing significantly in training and talent development throughout the industry.
Channel 4 does not provide a public service, like the police or the NHS, so it does not maintain a list of organisations with which it works in partnership, as typical public authorities may.
However, as a publisher/broadcaster, Channel 4 does not produce its own programmes but commissions them to over 300 independent production companies across the United Kingdom every year. Some of these independent production companies include: 12 Yard Productions, Vertigo Films and Lime Pictures (who make shows such as The Only Way is Essex and Hollyoaks)
Information Relating To The Legislation Relevant To The Authority's Functions and Regulatory Responsibilities:
The board members responsibilities are set out in the Communications Act and the Remit.
Remit
Licence
Communications Act 2003
Broadcasting Act 1990
Broadcasting Act 1996
Digital Economy Act 2010
The format is electronic and the there is no cost.
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