FILM 4 was established in 1982 by Channel 4 to produce diverse and challenging films. Originally known as FilmFour, it became Channel 4's second channel when it launched in 1998. Some notable films produced include Johnny English, Wild Child, The Soloist, and Slumdog Millionaire. FILM 4 targets both family audiences during the day with lighter films and older audiences at night with more mature films. The company invests around £500,000 in 20 films annually to develop British talent and supports international independent films through co-investments. It distributes its films through its free Channel 4 and FilmFour channels to attract viewers looking for free movie options.