Ailing Channel 4 Boss Bags Bonus

There's controversy this week with news that Channel 4's Chief Executive is in line to receive a bonus of almost £500,000 despite being in charge of the station as it is said to be on the verge of financial collapse.
The senior executive, Andy Duncan is poised to receive the loyalty payment of up to £450,000 next summer, taking his total remuneration to more than £1 million.
The Sunday Times has reported that details of Duncan's pay emerged as Government Ministers discussed handing over to the ailing channel such BBC assets as 'Radio Times' and the commercial rights to programmes from 'Eastenders' to Sir David Attenborough's documentaries, to fill an annual shortfall of £100m.
A merger with BBC Worldwide, the commercial arm of the BBC, would hand the station resources built up by generations of licence-fee payers.
The profits from BBC Worldwide contribute the equivalent of £9 per licence payer to the corporation. If this revenue is handed to Channel 4, the BBC will either have to increase the licence fee by an equivalent amount or cut programming.
(BMcC)