U.K.’s Channel 4 Sets $40 Million Global Format Fund, Digital Expansion

U.K. broadcaster Channel 4 has announced a Global Format Fund that will invest in new British-created and produced formats with global potential that will initially be worth £30 million ($40 million) over two years.

Channel 4 will guarantee minimum runs and recommissioning triggers up front for projects greenlit under this approach. The Fund will focus on genres with the greatest potential for global format success, including daytime, factual entertainment, features and entertainment.

The Fund is part of Channel 4’s new Future4 strategy that was outlined on Thursday. The strategy has a clear remit of doubling viewing to the broadcaster’s All 4 catch-up service over the next five years.

Further information here

Subscribe

* indicates required

XpoNorth will use the information you provide on this form to be in touch with you and to provide updates and marketing. Please let us know all the ways you would like to hear from us:

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at info@xponorth.co.uk. We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.