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Channel 4 Sale Will Bring 'Little Financial Benefit,' Says Outgoing Chairman

Terry Burns, the outgoing chairman of Channel 4 and a former Treasury mandarin, has condemned the government's plans to privatise Channel 4 as of "little financial benefit" and questioned the culture secretary's handling of the job since the election. Lord Burns said a selloff of the state-owned, commercially funded broadcaster would neither raise much money or improve the market -- the only "two possible reasons for privatisation."

Read the whole story at The Guardian »

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