The Great British Bake Off won’t be on the BBC any more once this series ends. Instead, Channel 4 has signed a three-year deal with Love Productions to broadcast the show.
Negotiations with the Beeb reportedly broke down yesterday, and the company went ahead and signed with Channel 4 later that day - a deal rumoured to be worth £25 million.
Channel 4 CCO Jay Hunt said: "Channel 4 is very proud to be the new home for The Great British Bake Off. I'm delighted we have been able to partner with the hugely talented team at Love Productions to keep this much loved show on free-to-air television."
Needless to say, the nation is distraught.
Love Productions' creative director said the company has "found the perfect new home for Bake Off"… but viewers couldn't disagree more. Already, more than 3,500 people have signed a petition asking Love to keep the Bake Off on the BBC.
The contestants themselves, however, are a little more optimistic. 2012 winner John Whaite pointed out: "If they do anything, if they make one wrong step, I think it could be catastrophic. So I'm not concerned, I think it will remain the Bake Off."
Likewise, 2011 winner Jo Wheatley said: "My gut feeling was a bit of shock to begin with… Now I've got my head around it I'm a little calmer."
But let's be real - it could go either way. The hosts and judges are yet to negotiate their own contracts to reflect the channel move, so we could potentially lose them too.
The first Bake Off programme to air on Channel 4 will be a celebrity version to raise money for Stand Up To Cancer, which will be broadcast some time in 2017.
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