Richard Desmond to sell Channel 5 to Viacom for estimated £450m
Thursday, May 1, 2014 Richard Desmond, the owner of Britain’s Channel 5, will reportedly sell the channel to US media company Viacom for an estimated £450m. Viacom also owns TV channels Comedy Central, MTV, and Nickelodeon. Desmond’s Northern & Shell — which also owns the Daily Express and Daily Star newspapers — bought Channel 5 […]