BBC NEWS Americas Africa Europe Middle East South Asia Asia Pacific
BBCi NEWS   SPORT   WEATHER   WORLD SERVICE   A-Z INDEX     

BBC News World Edition
 You are in: Entertainment  
News Front Page
Africa
Americas
Asia-Pacific
Europe
Middle East
South Asia
UK
Business
Entertainment
Science/Nature
Technology
Health
-------------
Talking Point
-------------
Country Profiles
In Depth
-------------
Programmes
-------------
BBC Sport
BBC Weather
SERVICES
-------------
EDITIONS
Thursday, 17 October, 2002, 12:05 GMT 13:05 UK
Channel 4 boss cuts jobs
Eddie Izzard in Channel 4's 40
Eddie Izzard's new drama 40 is part of Channel 4's winter schedule
Channel 4 chief executive Mark Thompson has announced major job cuts at the TV station in a bid to cut the organisation's overheads.

The radical restructuring, involving up to 200 job losses, is intended to free more cash for programmes.


The key to winning is the strongest and richest possible schedule

Mark Thompson
He told Channel 4 staff that, if approved, the proposed moves would reduce the channel's overheads in 2003 by 33% or 36 million.

Mr Thompson said that 122 posts would be lost at the main Channel 4 service, followed by further job losses at the its commercial arm, 4 Ventures.

Consultation

The job losses are in addition to 50 redundancies at Channel 4's film subsidiary, FilmFour, announced in July and a further 48 posts cut from across Channel 4 and 4 Ventures in the autumn of 2001, in response to a fall in advertising revenue.

All the proposed job losses will be subject to a statutory 90-day consultation period with staff.

Mr Thompson told staff: "I know that we have a difficult process to go through, but I also believe that what we're doing is turning a big corner and building a channel and an organisation that can really succeed."

Mark Thompson
Thompson says he is transferring cost savings to programmes
There will also be a shake-up of the channel's senior management, with the number of executive board directors being reduced from seven to five.

Current managing director David Scott will become deputy chief executive, and Rob Woodward, currently managing director of 4 Ventures, will also take on the role of commercial director of Channel 4.

Director of programmes Tim Gardam is to become director of television, with editorial responsibility for all Channel 4's television services, including E4.

Channel 4, which on Tuesday announced its highest programme budget to date - 430m for 2003 - has recently been hit by losses.

"The key to winning is in commissioning the strongest and richest possible schedule," Mr Thompson said on Thursday.

"Every penny we can transfer from our costs into the programme budget helps us to do that."


What's going wrong at Channel 4?Fuzzy picture
Just how did Channel 4 lose its way?
See also:

17 Oct 02 | Entertainment
15 Oct 02 | Entertainment
10 Oct 02 | Entertainment
09 Jul 02 | Entertainment
09 Jul 02 | Entertainment
30 Apr 02 | Business
Internet links:


The BBC is not responsible for the content of external internet sites

Links to more Entertainment stories are at the foot of the page.


E-mail this story to a friend

Links to more Entertainment stories

© BBC ^^ Back to top

News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East |
South Asia | UK | Business | Entertainment | Science/Nature |
Technology | Health | Talking Point | Country Profiles | In Depth |
Programmes