Channel 4 Content Chief Asks Producers To Hold Nerve Through “Difficult” Time, As He Warns Of Continued Commissioning Freeze
16.06.2023 - 04:09
/ deadline.com
EXCLUSIVE: Channel 4’s content chief Ian Katz has acknowledged that the UK broadcaster is going through a “tough time” amid widespread discontent over show cancelations and cash flow issues.
In an email to producers on Wednesday, Katz said he appreciated the support of indies, which supply all of Channel 4’s programming, but warned of more pain to come.
Here’s the full email:
As one of our valued production partners, I wanted to give you an update on the challenging commercial environment currently facing Channel 4 and the wider industry, and explain a little about how we are responding to it.
I’m acutely aware of what a tough time this has been for many indies and the freelance community as many broadcasters and platforms have reined back on commissioning spend.
As you know, advertising revenues have been significantly down for all commercial broadcasters through the first half of this year – even against the relatively cautious predictions on which we based our 2023 budgets.
Like others in the industry, we remain confident that advertising spend will pick up later in the year, and we want to ensure that we are well placed to dial up commissioning once conditions improve.
In the short term that has meant taking a number of steps including looking at cashflow and producer finance and re-phasing when programmes will be produced and transmitted. Our objective through this period has been to preserve planned production. Regrettably we’ve had to rest or not proceed with a small number of shows before they were financially greenlit.
I know how difficult some of these measures have been for producers and teams affected, particularly considering the wider challenges that all indies are facing. I want to stress how incredibly
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