Feeds

EU probes Channel 4's digital handout

Competition?

Beginner's guide to SSL certificates

The European Commission is to investigate whether a state grant to Channel 4 distorts competition in the UK TV market.

Channel 4 receives no public funding, but nevertheless will receive a £14m grant to help it with the move to digital broadcasting. A commercial rival has complained that since Channel 4 had sufficient cash to meet the capital costs, it didn't need any taxpayers' money.

The hand-out is justified on the basis that Channel 4 is a public service broadcaster, so it needs to be able transmit its high quality material, such as Celebrity Big Brother and week-long Wankathons, on new digital platforms.

"The information provided so far by the UK does not enable the commission to assess whether, given the costs of its digital switchover obligations and taking into account its commercial revenues, Channel 4 will have in the short term a net public service cost which would allow it to receive state aid," the EC said today.

Channel 4 is not skint. The corporation ended 2005 with an annual profit of £99m on sales of £894m, with £167.9m cash in the bank.

The Competition Commission also said today it is investigating the nationalisation of Northern Wreck. Of course, nothing distorts a market like knowing you can drive a business into a wall, and then be rewarded for failure. ®

Internet Security Threat Report 2014

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.