Richard Desmond

Viacom buys Channel 5 for £450 million

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 says Sky/Discovery deal not done

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 […]

Discovery, BSkyB could make joint Channel 5 bid

US-based Discovery Communications and British satcaster BSkyB may table a joint bid for for-sale UK broadcaster Channel 5. According to unnamed sources familiar with the talks quoted by the Financial Times, Sky would pick up Channel 5’s advertising sales business. A deadline for bids on the broadcaster has been set for this Thursday and other interested […]

NCIS: LA for Channel 5 as Desmond steps down

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 […]

International media coming to Cambridge

Liberty Global CEO Mike Fries, ABC boss Paul Lee and Microsoft Studios chief Nancy Tellem will be in the UK next month for the Royal Television Society’s annual convention. The media get-together is chaired by Channel 4 boss David Abraham and other speakers include UK culture secretary Maria Miller, BBC Worldwide CEO Tim Davie, YouTube […]

News brief: TalkTalk chairman to be interim YouView chair

UK connected-TV platform YouView has appointed Sir Charles Dunstone as interim chairman while a permanent replacement for Lord Alan Sugar is found. Sugar resigned as non-executive chairman of the IPTV platform last week amid rumours of a massive bust up with Richard Desmond, the owner of YouView partner Channel 5, in which the latter allegedly […]

Channel 5 to announce Jeff Ford’s replacement, promotes Dunthorne

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, […]