Tag: Alex Mahon

The U.K. government has confirmed that Channel 4 will not be sold, instead opting for a series of reforms to help the broadcaster compete in the streaming age.

Channel 4 delivered its highest-ever revenues in 2021, topping £1 billion ($1.2 billion) for the first time in its history, with a pre-tax surplus of £101 million ($120 million).

Channel 4 has unveiled an alternative to the government's privatization plan that includes leveraging private capital and the launch of a new international streaming service.

Channel 4 CEO Alex Mahon has set out a new six-point commitment to be a driver of anti-racism in the industry and improve black and minority ethnic representation.

Channel 4 is expecting to reduce its content budget by £150 million, with a further £95 million in cost-savings across the organization, as it looks to weather the financial impact of the COVID-19 pandemic.

Channel 4 has released its 2018 financials, showing improved revenues of £975 million ($1.2 billion), and has announced a new Terms of Trade agreement with Pact to ensure that both organizations are "fit for purpose to operate in the digital era," Chief Executive Alex Mahon said.

At the RTS London Conference, Alex Mahon, chief executive of Channel 4, took part in a Q&A session with chair Tim Hincks, co-CEO of Expectation.

The chief executive of Channel 4 talks about how she is encouraging the programming teams to take risks, focus on innovative shows and invest more in the All 4 on-demand service. 

Delivering a MIPFormats keynote this weekend, Channel 4 CEO Alex Mahon emphasized the need for innovation and risk-taking in the non-scripted entertainment sector.

Channel 4 is planning to increase its Nations & Regions content spend, from 35 percent to 50 percent of the main channel U.K. commissions by 2023, and will be establishing a new National HQ outside of London.