Tuesday, June 22, 2021

OWNERSHIP OF BRITAIN’S CHANNEL 5 RETURNS TO BRITAIN

July 23, 2010 by · Leave a Comment 

British publisher Richard Desmond has bought Channel 5, the U.K. terrestrial television network, from Bertelsman’s Luxembourg-based RTL Group for $161 million. Desmond, who owns the London Daily Express, OK! magazine, and the Television X adult channel, is expected to encounter little opposition from regulators in completing the sale. Although Channel 5 broadcasts such hit American […]