Bio 101: Mother Teresa vs. Don King

LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265.

4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial director of Channel 4.

4 Ventures is also adding a new division, 4 Services, following the recent closure of FilmFour. The other three units Rights, Digital Services and 4 Learning remain the same, although Digital Services, which consists of E4, FilmFour channels, Channel 4 Interactive and 124 Facilities, is being renamed 4 Channels.

As part of the changes, Gerry Bastable, currently managing director of Digital Services is promoted to head of corporate development for Channel 4. Woodward plans to recruit a managing director for 4 Channels. Dan Brooke, who is also general manager of E4, remains deputy head of the division.

Channel 4’s Consumer Products department and its co-production and distribution arm, Channel 4 International, will be merged into a single team within the 4 Rights unit, which will continue to be headed by managing director, Paul Sowerbutts.

There will also be a number of job cuts at 4 Learning, although the structure remains unaffected.

More TV

  • RightsTrade Signs Deal With Lionsgate for

    RightsTrade Signs Deal With Lionsgate for TV Programming (EXCLUSIVE)

    LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265. 4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial […]

  • Sinclair

    Sinclair Revises Divestiture Plan to Save Tribune Merger, Denies Misleading FCC

    LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265. 4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial […]

  • 'The Crown': First Look at Helena

    'The Crown': Netflix Releases First Look at Helena Bonham Carter as Princess Margaret

    LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265. 4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial […]

  • 'Saturday Night Live' China Version Yanked

    Chinese Version of 'Saturday Night Live' Yanked From Youku

    LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265. 4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial […]

  • Fox Sports World Cup Production BTS

    Global Broadcasters Score Big With Live World Cup Final Ratings

    LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265. 4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial […]

  • The Bold Type Meghann Fahy

    'The Bold Type' Boss and Star on 'Normalizing Conversations About Gun Control'

    LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265. 4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial […]

  • Streaming Subscribers Overtake Pay-TV Customers for

    Streaming Subscribers Overtake Pay-TV Customers for First Time in the U.K.

    LONDON — Channel 4’s commercial arm 4 Ventures announced Tuesday that is shedding 45 jobs as part of CEO Mark Thompson’s major overhaul of the financially challenged broadcaster, bringing the total number of losses at the broadcaster to 265. 4 Ventures is being restructured following the appointment of its managing director, Rob Woodward, as commercial […]

More From Our Brands

Access exclusive content