S4C's 'guaranteed income' hailed by minister Ed Vaizey

Welsh TV channel S4C is well funded despite a UK government grant cut, the broadcasting minister has said.

S4C's grant will be cut from £6.7m to £5m by 2020, but most of its budget comes from the BBC licence fee.

But Ed Vaizey told MPs S4C was "more generously funded than any other media organisation in terms of the number of viewers it receives".