'A letter to Liz Truss and Rishi Sunak asking them to reconsider plans to privatise Channel 4 has been signed by more than 750 UK production companies.

Organised by trade body Pact, the open letter urges the next prime minister to reconsider privatisation, saying it would have a "devastating impact".

The government announced plans to take it out of public ownership this year.

BBC News has asked the Department for Culture, Media and Sport (DCMS) for a comment. 

Following his resignation in July, Prime Minister Boris Johnson's replacement - Ms Truss or Mr Sunak - will be appointed by Conservative Party members on Monday.

The letter said: "As independent TV and film production companies, we are deeply concerned about the plans in their current form.
"We know first-hand how Channel 4's unique commissioning model has helped thousands of independent production companies get off the ground, and contributed to building a thriving sector."'