Payouts at state-owned, commercially funded broadcaster come after its biggest job cuts for 15 yearsBusiness live – latest updatesChannel 4’s bosses accepted hundreds of thousands in bonus payments last year, despite the broadcaster suffering its steepest fall in revenues in its 41-year history.The state-owned, commercially funded broadcaster reported a 10% year-on-year fall in total revenues to £1.02bn last year, down £120m compared with 2022, the steepest percentage fall in income in decades. Continue reading…
Source link : https://www.theguardian.com/media/2024/oct/08/channel-4-bosses-bonuses-fall-in-revenues-job-cuts
Author : Mark Sweney
Publish date : 2024-10-08 12:28:12
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Channel 4 bosses took hundreds of thousands in bonuses as revenues dived
