C4 to invest £50m in content
It has been confirmed that Channel 4 will invest an extra £50m (US$77.7m) in content during 2010 and there will also be a rejig of its management structure, where Angela Jain and Hamish Mykura will no longer run diginets E4 and More4.
Eleven executives will report to the chief creative officer (CCO) - a new role combining the posts of head of C4 and director of television and content, which is currently filled in an acting capacity by Julian Bellamy.
