WATCH VIDEO. RTL Group has announced that it has signed an agreement for the sale of Five Group (“Five”) to the Northern & Shell company owned by British publisher Richard Desmond. The deal has been closed with immediate effect.
Virgin Media’s exit from the content business looks set to conclude in the next few days with the £160 million (€188 million) sale channel brands including Living TV, Challenge and to BSkyB. At the same time RTL finally looks ready to sell its interest in the terrestrial network Five.
Five and Sky have jointly announced the launch of Five HD this summer, less than 48-hours after the regulator Ofcom said it would return terrestrial capacity to the BBC after failing to reach agreement with the RTL-owned broadcaster.
Ofcom is to return terrestrial capacity to the BBC after it was unable to resolve issues with Five for the launch of an HD service.
Following in the footsteps of Channel 4, the UK commercial broadcaster Five has signed an agreement with YouTube to show videos that will go live ‘shortly’ after being aired. The offer will include not only programmes such as The Gadget Show and Hotel Inspector, but also famed Aussie soaps Neighbours and Home and Away.
Five has become the first British broadcaster to agree to have its TV programmes carried on an internet TV platform operated by a receiver manufacturer.