Formal consultation, overseen by John Whittingdale, to be reportedly launched within weeks

Channel 4 could be sold off as soon as next year, with the government planning to launch a formal consultation into the broadcaster’s privatisation within weeks.

Last month, the culture secretary, Oliver Dowden, confirmed it may move to privatise Channel 4 by the end of the current parliament to “provide a sustainable future for the broadcaster”, but on Thursday the Financial Times reported that a decision could be made by the end of this year.

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