Channel 5 made a £12.9 million (US$20.1 million) loss in its final financial results before Viacom acquired the UK broadcaster for £450 million last year. The network’s accounts for the nine months to September 30, 2014, revealed the operating loss, which compared with a £32.4 million operating profit in full-year 2013. US giant Viacom acquired […]
AOL has signed 14 new content partners to its premium AOL On platform. Sky News, British Pathe and former Channel 5 owner Northern & Shell are among the content companies that will make their video content available through AOL. Sky will make its news content available to consumers in North America via the platform and […]
Independent producers in the UK are seeking to meet with top executives from new Channel 5 owner Viacom to discuss programming plans and build relationships. UK indies trade body Pact yesterday issued a release that said the sector would seek to meet Viacom “very soon”. The body noted indies had regularly met with Northern & […]
US media giant Viacom has bought UK free-to-air broadcaster Channel 5 for £450 million (US$757 million). “The acquisition of Channel 5 accelerates Viacom’s strategy in the UK, one of the world’s most important and valuable media markets,” said Viacom president and CEO Philippe Dauman (pictured). “Channel 5’s momentum is indisputable, with impactful programming, increasing pularity […]
Channel 5 is playing down a UK report claiming an agreement has been reached for Discovery and BSkyB to buy the UK broadcaster for £350 million (US$585.9 million). Broadcast Now yesterday reported a deal had been agreed in principle last week and was formalised on Monday (April 14). This would see pay TV giant take […]
UK terrestrial Channel 5 has acquired season one of CBS procedural NCIS: Los Angeles as its owner, Richard Desmond, steps down as a director ahead of a potential sale. The free-to-air network will begin airing the CBS Television Studios NCIS spin-off, which stars Chris O’Donnell and LL Cool J, on February 28 in a 10pm […]
Channel 5 is set to announce a new head of content to look after commissioning and acquisitions following the departure of Jeff Ford. This comes as the Richard Desmond-owned company announced the promotion of Paul Dunthorne to chief operating officer. Dunthorne was previously managing director of Portland TV, the adult channel operator owned by Desmond, […]
