The broadcaster had made vigorous efforts to attract the vaunted 16-34 demographic since former BBC boss Lord Hall of Birkenhead instigated a 'lurch to youth' in 2020.
The BBC's Director General says the Corporation's attempt to claw back young viewers is set to end as it fights with streaming services to reclaim older audiences.
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Reform the 'listed events' rules to make sure popular sporting events are still widely available on terrestrial TV.These firms could be fined up to £250,000 or up to 5 per cent of annual turnover if they show 'harmful content' such as health misinformation. At the moment Netflix is not regulated at all in the UK.As part of the legislation US online giants such as Netflix and Amazon will be subject to stricter rules about harmful material, bringing them into line with traditional broad casters in the UK.The Government is to overhaul the public service broadcasting remit so that TV channels no longer need to have 'leisure' shows about cooking and gardening.Confirmation of the Government's decision to privatise Channel 4.Today's white paper promises a 'golden age' of programming and make the British broadcasting system 'fit for the streaming age', including: It will be allowed to compete and produce further good programming.' 'It will allow it to raise funds in a way that it can't do when it's a nationalised organisation. Channel 4 will be able to commission or actually produce its own work, not just commission from other people or productions. Speaking to ITV News, Mr Wallace said: 'It'll be good for it.
He spoke as the Government releases a White Paper which provides a first look at proposed plans for the channel to be privatised. Mr Wallace has said he feels Channel 4 produces some 'great creative content' but that it is 'not the Government's business to run a television channel'.
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The maximum fine for a breach of the code will be £250,000 or an amount up to 5% of their revenue, whichever is higher. They will also give the UK media watchdog the power to draft and enforce a new video-on-demand code, aimed at setting standards for 'larger TV-like services' such as Netflix, ITV Hub and Now TV to level the rules with traditional broadcasters. Ministers will today release a blueprint that will also signal the death knell for the licence fee by saying the Government is 'ready to implement a new way of funding the BBC'. The TV company has been publicly owned since it was founded by Margaret Thatcher in 1982 - but the Tories are forging ahead with plans to privatise it, claiming public ownership is holding it back from competing with streaming giants. Defence Secretary Ben Wallace today declared it is 'not the Government's business to run' Channel 4 as ministers pushed on with selling the broadcaster as well as reining in the BBC and Netflix.