Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Alex Mahon has stepped down as chief executive of Channel 4 after almost eight years, sparking a search for a new boss of the UK public sector broadcaster at the same time as it is seeking a chair.Mahon has been at the channel since 2017 \u2014 joining as its first female chief executive \u2014 and will leave in the summer. She has lined up a new role, though Channel 4 declined to comment on where Mahon was going next.Her departure comes after Channel 4 cut jobs and costs last year in the wake of the worst slump in advertising revenues since the financial crisis of 2008-09. The broadcaster is also seeking a permanent chair, after outgoing chair Sir Ian Cheshire announced last year he would also stand down. A search is being run by headhunters Russell Reynolds, and the appointment will be overseen by Ofcom, the media regulator, but signed off by the UK secretary of state. Dawn Airey is serving as chair until a permanent appointment is made.The new chair will be responsible for appointing the next CEO, Mahon said in a note to staff. She added it was \u201cfinally a rare quiet moment\u201d in which to leave. She added: \u201cThere\u2019s a new chair coming, and it\u2019s the right time for them to appoint the CEO who\u2019ll lead Channel 4 into its next chapter.\u201dMahon\u2019s overall wages at the broadcaster, which is commercially funded but publicly owned, dropped by about a third to \u00a3993,000 last year. She is also a non-executive board member of Chanel, the fashion group. Channel 4 is in the middle of a shift in its business model from a waning linear TV business to a growing online streaming and social media model, where more of its audiences are.Revenues at Channel 4 dropped to about \u00a31bn in 2023, from \u00a31.1bn the year previously, leaving a pre-tax deficit of \u00a352mn, from a surplus of \u00a33mn in 2022, according to the most recently available figures. During her tenure, Mahon helped secure the future of Channel 4 as a public sector broadcaster following attempts by Conservative ministers to privatise the channel. She also led the move of parts of the organisation\u2019s operations outside London, and put its Victoria head office up for sale.\u00a0Channel 4 has also secured the right to make its own TV shows for the first time in its 40-year history, rather than outsourcing production to the independent sector.\u00a0In her note to staff, she said: \u201cWe\u2019ve protected the brand, even as we reinvented it. We\u2019ve stayed risky, relevant and relentlessly new.\u201dMahon will be temporarily replaced by Jonathan Allan, Channel 4\u2019s operations chief, as interim chief executive while the board undertakes a search for a permanent replacement.\u00a0Also on Monday, the BBC announced that a review into its workplace culture found no evidence of a toxic culture within the public sector corporation. It warned, however, that some staff had said there was \u201ca minority of people at the BBC \u2014 both on and off air \u2014 who were able to behave unacceptably without it being addressed\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Alex Mahon has stepped down as chief executive of Channel 4 after almost eight years, sparking a search for a new boss of the UK public<\/p>\n","protected":false},"author":1,"featured_media":293986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[65],"tags":[],"class_list":{"0":"post-293985","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-culture"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/293985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=293985"}],"version-history":[{"count":1,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/293985\/revisions"}],"predecessor-version":[{"id":293987,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/293985\/revisions\/293987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media\/293986"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=293985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=293985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=293985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}