Channel 4 Privatisation

Grahame Morris Excerpts
Wednesday 27th April 2022

(2 years ago)

Commons Chamber
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Julia Lopez Portrait Julia Lopez
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I agree about the fundamental trends that my right hon. Friend highlights, and about some of his concerns. Channel 4 has fundamentally accepted those concerns in providing us with a range of alternative options, which we have looked at very carefully. We believe that the route we are highlighting is right because, through that, we will have a more sustainable public service broadcasting system, and we will be able to maintain the content and our commitments to some of the less commercially viable programming that audiences very much value.

Grahame Morris Portrait Grahame Morris (Easington) (Lab)
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During the previous statement, the Under-Secretary of State for the Home Department, the hon. Member for Torbay (Kevin Foster), told the House that it was difficult to predict the huge surge in the demand for passports once the lockdown restrictions had been lifted. Surely, however, it was possible to predict that over the lockdown period, the demand for Netflix subscriptions would increase dramatically because people did not have any alternative. It is surely also completely predictable that now that those restrictions are lifted, the demand for Netflix subscriptions will decline. That is reflected in subscriptions and share prices. Given the cost of living crisis, why push ahead with forcing a successful, publicly owned Channel 4 to adopt a privately financed model when subscriptions are becoming a luxury that many people and families simply cannot afford?