Channel 4’s Financial Troubles May Push The Great British Bake Off to Netflix

Channel 4’s Financial Troubles May Push The Great British Bake Off to Netflix

The Great British Bake Off may be forced to move to Netflix due to Channel 4’s ‘money woes’, it has been claimed.

Channel 4 axed several shows in 2023, reportedly to keep costs under control, and now it has been said that The Great British Bake Off could be the next show to go.

The broadcaster’s contract to air the hit baking competition reportedly ends after the 2024 series, and it has been claimed there have not yet been talks to extend it.

Channel 4 also allegedly plans to cut up to 200 jobs following a huge decline in television advertising, according to The Sun.

The reports have sparked speculation that the series could be ripe for a takeover by rival channels and streaming sites, including the likes of Netflix.

The Great British Bake Off may be forced to move to Netflix due to Channel 4 money woes, it has been claimed (pictured: Paul Hollywood, Prue Leith, Noel Fielding and Alison Hammond)

The Great British Bake Off may be forced to move to Netflix due to Channel 4 money woes, it has been claimed (pictured: Paul Hollywood, Prue Leith, Noel Fielding and Alison Hammond) 

Channel 4 axed several shows in 2023 , reportedly to keep costs under control, and now it has been said that The Great British Bake Off could be the next show to go

Channel 4 axed several shows in 2023 , reportedly to keep costs under control, and now it has been said that The Great British Bake Off could be the next show to go 

An insider told The Sun: ‘Bosses have a dilemma — break the bank to keep Bake Off, or lose it to a rival.

‘It’s no secret that Channel 4 is facing cash problems so do they really have the money to secure another deal? They’ve been making cutbacks and this could well be to fund a new deal. 

‘But if they can’t match the pay demands, there’s not much they can do, and that opens the door for rivals like ITV and Netflix to swoop in, the fact is, this year is crunch time for the future of the Bake Off.’

The show, judged by Paul Hollywood and Prue Leith and presented by Noel Fielding and Alison Hammond, launched on the BBC in 2010.

However, it was bought by Channel 4 in 2016 for £25million in a shock move that saw its original presenters sensationally quit.

Netflix currently has the rights to air Bake Off in America, while ITV was close to bidding for the British rights during the last round of negotiations but decided against it.

Channel 4 said: ‘Any speculation around contracts is just that and we look forward to bringing many more soggy bottoms to our viewers in future.’

Netflix and ITV declined to comment.

Bake Off began on the BBC in 2010 but was bought by Channel 4 in 2016 for £25 million in a shock move that saw its original presenters, Sue Perkins and Mel Giedroyc, sensationally quit

Bake Off began on the BBC in 2010 but was bought by Channel 4 in 2016 for £25 million in a shock move that saw its original presenters, Sue Perkins and Mel Giedroyc, sensationally quit 

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