RE: ITV considers takeover of Channel 426 Oct 2021 11:27
Radiogent... "C4 makes tonnes of profit, however their remit is to reinvest in to UK independent production companies."
So true mate, CH4 isn't allowed to make a large profit, it invests everything back in to the channel. Only the ignorant wouldn't know this. I will be surprised if the government allows ITV to purchase CH4 because ITV would have 70% of the advertising market. If the purchase price is £500m, this would be a great acquisition for ITV at a very good price. No need for a RI, just a scare story by the ignorant fool. I'm looking forward with great interest to our Q3 results that should show a very strong recovery in advertising. Bring it on.