The controller of Film4 is Tessa Ross and Film 4 is owned by Channel Four Television Corporation.
Film4 was launched in November 1st 1988, (the company was called four films up until 1998). However it was later changed to Film Four. This was to combine with the new digital TV channel of the same name. In 2002, the company cut its staff and budget considerably due to large losses and was made a part of channel 4 drama once again.
In 2002 Tessa Ross became the controller and head of both film 4 and channel 4Drama. Then in 2006, the name film4 production was created for the any produced films as part of the TV channel.
When the channel became free, it also returned to digital terrestrial as part of the free view brand, and became completely free-to-air on satellite television.
Because of this change there was an increase from 300,000 subscribers to 18 million households who received it for free. The broadcasting hours changed to 12:45 - 08:45, and advert breaks were included for the first time. The first film to be broadcasted under the new format was the British television premiere of Lost in Translation. Film4 remains the only free film channel available on digital terrestrial television.
From 23 May 2009, the broadcasting hours were changed to 11:00 - 04:00, with it broadcasting teleshopping or screen saying that it will resume at 11:00 during the hours it was down.
On 20 July 2010, Film4 HD launched exclusively on Virgin Medias cable television platform on channel 429
On 1 November 2010, Film4 partnered with FilmFlex to launch 4oD
The film4s budget averages at about $20million and produce around 4-5 films a year
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