£3bn sell off of Channel 4 to be shelved

- The government has shelved a £3 billion privatisation of Channel 4 after meeting with fierce resistance from the station's senior management.

- The government has shelved a £3 billion privatisation of Channel 4 after meeting with fierce resistance from the station's senior management.

Michael Jackson, the chief executive of Channel 4, wants to see the station remain in public hands and the government is unprepared to fight a public battle over the station's future.

Last week Jackson told the Royal Television Society that the privatisation of



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