Channel 4 posts record revenues - TVBEurope

Channel 4 posts record revenues

Channel 4 has posted a record-breaking £979 million revenue for 2015. The broadcaster’s 2015 Annual Report recorded a 30 per cent rise in digital revenues following the
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Channel 4 has posted a record-breaking £979 million revenue for 2015.

The broadcaster’s 2015 Annual Report recorded a 30 per cent rise in digital revenues following the launch of All 4.

Total 4Sales house revenue, including third party representation of UKTV and BT Sport sales, grew to a record £1.17 billion.

Channel 4’s main channel audience share also saw an increase, with its public service remit delivery metrics reaching its highest ever level.

Charles Gurassa, Channel 4 chairman, said, “In 2015, Channel 4 performed strongly on both its public service remit and its financial parameters.

“As the report demonstrates, Channel 4 plays a unique and distinctive role in the UK creative industries and is well positioned for the future.”

Channel 4’s main channel viewing share rose one per cent across all time, and up eight per cent across the peak time hours of 7-11pm. Across its whole portfolio, the broadcaster saw an increase to peak time viewing (7-11pm) of two per cent over 2015.

The broadcaster is now aiming to surpass the £1 billion mark in 2016.

David Abraham, Channel 4 chief executive said, “Channel 4 had a record impact on audiences and the UK’s creative sector in 2015 with our investment in original content, our commercial revenues and, critically, the delivery of our public service remit, all at their highest ever levels.

“We expect this impact and growth to continue in 2016 and, as a wide range of independent experts have concluded, our focus on both creative and commercial innovation has positioned us very strongly for the future.”

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