Box Plus management depart as C4 moves music channels to London HQ

It's all change at the top of the Box Plus Network, as Channel 4 moves forward with full integration of the music channel business.

Channel 4 today announced that Matt Rennie, Managing Director and Anthony Lilleyman, Chief Operating Officer of The Box Plus Network, will step down from their roles later this year as the Box Plus Network is fully integrated into Channel 4’s business operations.

The announcement follows the Channel 4's move earlier this year to take full ownership of The Box Plus Network when it bought the remaining 50% stake in the network it did not previously own from Bauer Media Group. 

Box Plus Network staff will be integrated into teams at Channel 4’s Horseferry Road office in London from September.

The Box Plus Network comprises of 4Music, The Box, Box Upfront, Box Hits, Kiss, Magic and Kerrang. Already, Channel 4 has made changes on the back of the takeover, moving 4Music to a new slot in a Freeview reshuffle that promoted E4: Freeview channel shuffle rules allowed Channel 4 to do this under common ownership rules.

Jonathan Allan, Chief Commercial Officer at Channel 4 said: 
Matt and Anthony have enthusiastically led the Box Plus team and proactively steered the business through many strategic challenges. They leave the portfolio in great shape as the most popular music and entertainment destination and we wish them both every success for the future. We look forward to welcoming the Box team to Channel 4 and their help in delivering our strategy to focus on young audiences.”

Matt Rennie said: 
The talented team at Box have achieved a huge amount, working alongside so many great artists to entertain the millions of viewers who enjoy our network. The acquisition by Channel 4 is the logical next step for Box and integrating our network into theirs creates the best platform for it to continue to grow and thrive. I’d like to thank the board and shareholders for so much support during the last six years – I have loved every minute of it.

Anthony Lilleyman said: 
Working in a competitive youth entertainment market has its challenges, but with the support of our board and the efforts of the devoted team at Box, we’ve been able to generate returns, experiment and position the business for ongoing success. The 100% acquisition of Box by Channel 4 is a great outcome and an exciting next step in the evolution of the company. The last five years have been a blast and I’m sure the business will continue to innovate, entertain and lead in the market.