Ministers said last year that privatization would help secure Channel 4’s future as a public broadcaster.
The broadcaster, however, opposed the move, saying there was no evidence that the privatized Channel 4 would be better able to fulfill its responsibility of providing complex and distinctive programming to audiences underserved by competitors.
Channel 4 said in a statement on Monday that it was disappointed that the government did not formally acknowledge the serious public interest concerns that had been raised.
He has demonstrated that he can “continue to commission popular programs from the independent sector across the UK that represent and celebrate every aspect of British life and increase their contribution to society while keeping the public accountable,” it said.
CEO Alex Mahon told staff in a widely tweeted email that the broadcaster has unveiled a vision for its future that is “based on the preservation of public ownership.”
However, she added that ultimately his ownership would have to be offered by the government and decided by Parliament.
The Ministry of Culture, Media and Sports said that the Minister of Culture has made a decision and is now consulting with colleagues from the ministry.
“We want Channel 4 to thrive and thrive in the face of a rapidly changing media landscape,” a spokesperson said. “It has an important place in our broadcast landscape and we want to keep it that way.”