Viacom buy Channel 5 for £450m

U.S. media company Viacom has today confirmed it is buying UK free-to-air public service broadcaster, Channel 5 for £450m. Viacom, owners of MTV, Nickelodeon, Comedy Central and Paramount movies has said it will introduce more UK-created content to global audiences. Channel 5 launched as the UK’s fifth public service broadcaster in March 1997 has an […]

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