PM has faced backlash over the policy from members of his own Cabinet
Rishi Sunak is expected to shelve plans to privatise Channel 4 amid a backlash against the move from within his own Cabinet.
Industry insiders expect the sale of Channel 4 to be dropped from the upcoming Media Bill as the Prime Minister overhauls policy pledges.
Under Boris Johnson, the Government drew up plans to privatise the public service broadcaster, which is owned by the state but self-funded through advertising, as part of a wider effort to modernise the sector.
Mr Sunak backed the move during his leadership campaign, arguing that Channel 4 needed a commercial owner to help it survive the rise of streaming services such as Netflix and Amazon.