No offence: Institution channel 4 
Public service broadcaster: Television and radio programmes that are broadcast to provide information, advice, or entertainment to the public without trying to make a profit: The channel is trying to reduce its obligations to produce public service broadcasting such as religious programmes.

Channel 4: 
- A focused statutory mission 
- Guaranteed channel prominence 

The result: 
- Innovation and risk-taking without cost to the taxpayer 
- Creation of a range of new companies 
- Provided valuable, globally attractive output 
- Forerunner of initiatives to stimulate innovation and growth in the wider UK economy 

Channel 4 a unique broadcasting institution: 
- Only broadcaster with significant public service broadcasting (PSB) remit ti be entirely 
- Only PSB in the world to enjoy a high share among the 16 to 34 age group. 
- Only major broadcaster in the world to source its programming entirely from external suppliers 
- Sticks with the ideas that show some promise 
- Relies least on long running "schedule bankers" to underpin its competitive position in the UK market, effectively having to reinvent itself every few years