No Offence: Institution

No Offence: Institution 

Channel 4
> Only broadcaster with a significant public service broadcasting (PSB) remit to be entirely commercially funded.
> Only PSB in the world  to enjoy a high share among the 16 to 34 age group 
> Only major broadcaster in the world to source its programming entirely from external suppliers.
> Tries out more new ideas each year than any other channel in the UK.
> Sticks with the ideas that show some promise.
> Reliefs least on long running "schedule bankers" to underpins its competitive position in the UK  market, effectively having to reinvent itself every few years. 
> In 2012, they had broadcast the Paralympics - this go them a lot of coverage. 



Requirements of public service broadcasting:
Television and radio programs that are broadcast to provide information, advice, or entertainment to the public without trying to make a profit: The channel is trying to reduce its obligations to produce public service broadcasting such as religious. (and age)

- Focused Statutory Mission
- Guaranteed channel prominence
- No requirement to make a commercial rate of return 
THE RESULT:
- Innovation and risk-taking without cost to the taxpayer.
- Creation of a range of new companies.
- Provided valuable, globally attractive output.
- Forerunner or initiatives to stimulate innovation and growth in the wider UK economy. 


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