The government has decided to push ahead with plans to privatise Channel 4.
Ministers have concluded, following a consultation, that while the broadcaster is "currently performing well" its public ownership is "holding it back in the face of a rapidly-changing and competitive media landscape", a government source said.
A spokesperson for Channel 4 said it was "disappointed" with the decision but would "continue to engage" with the government on the process to "ensure that Channel 4 continues to play its unique part in Britain's creative ecology and national life."
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