A staff meeting at Channel M was called this morning at 10.30 am and has just finished. How-Do understands that although the station will continue to broadcast, there will be no further original programming on the station as from Friday. The number employed at the station will fall from the current 33 to four.
Chris Wade of GMG has told How-Do that “We have today informed staff that, despite interest from a number of parties, a viable offer for the station has not emerged.
"Following the review of Channel M, we have reached the conclusion that the station is no longer sustainable in its current form. This is due to a number of factors, including the absence of a committed buyer, the loss of access to news from MEN Media, and the costs associated with the requirement to leave the Urbis building.
"As a result, from this Friday the station will no longer broadcast evening magazine show Channel M Today, and will cease production of original news and features video. Channel M will remain on air, focusing in the short-term on a mixture of archive material, traffic and networked news.
"We regret to announce that as a consequence of these changes the company proposes to reduce the number of people employed by Channel M from 33 to four. The company is in consultation with those affected.
"GMG will remain the owner and operator of both Channel M and the associated Freeview multiplex business in Manchester."
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