NEW YORK (AP) — Viacom is buying Britain’s Channel 5 Broadcasting Ltd. for 450 million euros (about $757 million), increasing its investment in U.K-produced content. The media company said Thursday ...
LONDON — Viacom has won the bidding for U.K. free-to-air TV net Channel 5, buying the broadcaster from entrepreneur Richard Desmond‘s Northern & Shell Media Group for £450 million ($757 million).
(Reuters) - U.S.-based Viacom Inc said on Thursday it would buy British TV broadcaster Channel 5 from media baron Richard Desmond for $760 million (450 million pounds) as a keystone to develop its ...
Channel 5's owner, U.S. media giant and MTV parent company Viacom, has set its sights on overtaking Channel 4 in the ratings as a "the first step" in building up its newly acquired UK asset. Philippe ...
Paramount UK network Channel 5 saw turnover and operating profit rise last year but made an overall loss of £159.5M ($200M) due to a one-off payment to a Paramount Global subsidiary. According to its ...
(Reuters) - British media baron Richard Desmond will announce that he is selling free-to-air TV broadcaster Channel 5 to U.S.-based Viacom Inc for up to 450 million pounds ($760 million), The Guardian ...
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