Rebranded Channel 5 returns to profit despite advertising hit Media Broadcaster 5 returned to profit despite its turnover falling by almost £80m during its latest financial year, it has been revealed. The business, which is owned by Paramount, has posted a pre-tax profit of £30.6m for 2024, new accounts filed with Companies House show. The total is up from the £159.5m pre-tax loss it reported [...]
Sky Sports expands NFL coverage with new three-year deal Sport Business Sky Sports has agreed an expanded three-year deal with the NFL that will see the broadcaster show up to five live games per weekend in the UK. Sky will have first pick of games at both 6pm and 9pm on Sunday, as well as showing up to three more games from those timeslots concurrently. In [...]
Free-to-air broadcaster 5 to show NFL and Super Bowl Sport Business Free-to-air broadcaster 5 has secured the rights to Sunday evening NFL matches, and will show the next Super Bowl. The new multi-year deal continues the long running theme of having elements of the NFL on free-to-air television in the United Kingdom, with the American football league also broadcasting a match on Channel 5 on the [...]
Rolex sponsored Wimbledon stars made to pay for own watches July 9, 2025 A Rolex sponsorship or ambassadorial contract is widely seen as a must-have endorsement by aspiring young tennis players, yet such deals can prove to be a mixed blessing. Such is the value and scarcity of the Swiss luxury watches that their endorsement department operates a strictly enforced tier system, with only their A-list clients such [...]
Channel 4 bets on U21 Euros to drag younger viewers back to TV June 11, 2025 Channel 4 head of sport Pete Andrews on the broadcaster’s rights strategy, punching above their weight and why they’re showing England at the U21 Euros. If you’ve watched an England team win a men’s international football tournament then it was probably on Channel 4. When Lee Carsley’s Under-21 side reached the final of the age-group [...]
Crystal Palace face FA Cup final amid boardroom battles and upheaval May 14, 2025 Crystal Palace’s preparations for Saturday’s FA Cup final have been taking place against a backdrop of more discord in the boardroom. The club’s biggest shareholder John Textor has made renewed attempts to purchase the combined 36 per cent stake of fellow American investors, Josh Harris and David Blitzer, with the timing of his latest approach [...]
Leicester City stars face up to 50 per cent wage cuts after relegation April 23, 2025 Leicester City’s players are facing wage cuts of up to 50 per cent next season following their relegation from the Premier League. Leicester have acted to protect themselves when offering contracts to new players in recent years having also been relegated two seasons ago, with recent arrivals agreeing to pay cuts of between 35 and [...]
ITN: Profit slashed at ITV, Channel 4 and 5 news giant April 7, 2025 Profit at ITN, the organisation which powers ITV News, Channel 4 News and 5 News, was slashed almost in half in 2024. The business has reported a pre-tax profit of £779,000 for its latest financial year, down from the £1.4m it posted for 2023. The total for 2023 was also significantly down from the £8.9m [...]
Dan Walker and Jeremy Vine help Channel 5 to record year February 3, 2025 The star power of Dan Walker and Jeremy Vine helped viewing figures for ITN-produced daily news and current affairs on Channel 5 surge in 2024. 5 News at 5pm, which is anchored by Walker, increased its audience by four per cent to a 3.4 per cent market share. The figure means 2024 was the highest [...]
Channel 5 loses £160m ahead of major rebrand amid audience growth December 9, 2024 Channel 5 has insisted its operating model remains stable despite losing almost £160m during 2023, it has been revealed. The channel, which is set to rebrand simply as 5 in April 2025, has slumped to the loss as a result of the value of its investment in Viacom Interactive – a subsidiary of parent company [...]