Channel 4 returns to the black

Channel 4 returned to the black last year after a loss of £28m in 2001. For 2002, the broadcaster reported a pre-tax profit of £16.

Channel 4 returned to the black last year after a loss of &£28m in 2001. For 2002, the broadcaster reported a pre-tax profit of &£16.5m. Revenues for Channel 4’s advertising and sponsorship division rose four per cent to &£646m.

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