Video: Fine Tunings

FRESH FOUR

Last week, 46 years to the day after the BBC transmitted its first experimental television program, Britain got a fourth TV channel, joining BBC 1 and 2 and independent, commercial-sponsored ITV on the dials of the nation's 18.5 million licensed sets. Financially, Channel 4 is something of a hybrid. Roughly half of its annual budget of $181 million, which is about $6 million more than BBC 2's and about two-thirds the size of BBC 1's, is to be kicked in, by law, by the 15 producing companies that make up ITV; the...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!