Channel 4 cuts digital investment arm

Ben Parfitt
Channel 4 cuts digital investment arm

Channel 4’s new chief executive David Abraham is to scrap 4IP, the broadcaster’s ₤20 million digital investment arm.

Connected divisions within Channel 4 are also to merge as part of a wide-ranging restructure operation. Redundancies are possible though, at this stage, have not been implemented.

The full impact of 4IP’s closure on Taylor’s education group is unclear. Channel 4’s restructure includes the game-commissioning education team. Develop is in contact with the group for comment.

Develop has the full story.

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Tags: Digital , cut , investment , channel 4 , 4ip , axe , david abraham

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