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Desmond prepares formal plans for Channel 5 sale

18 comments - Posted on February 13 2014 at 07:20pm

Channel 5 logo - Big Brother 2011

The mooted sale of Big Brother UK broadcaster Channel 5 has now entered its next stage after owners Northern & Shell delivered an information package to potential buyers.

Last month it emerged that the media company’s owner Richard Desmond had asked Barclays to investigate whether he could offload C5 for a sum of up to £700million.

According to Broadcast magazine, at least two parties have since expressed an interest in an acquisition – which has resulted in N&S preparing more formal plans for a sale.

The industry paper reports that a prospectus was sent out by chiefs earlier this month with details of a transaction. However, it is understood that Desmond – who bought C5 in 2010 for £103.5million – will only close a deal if it will earn him a substantial return on his investment.

As we wrote in January, a sale of Channel 5 would come as a significant blow to Big Brother as Desmond is its biggest backer, funding it from a cash pot separate to the main C5 budget.

The vast majority of the long-running reality format’s press coverage is also provided by his publishing empire, which includes titles such as OK! magazine and The Daily Star.

However, Big Brother has also been partly credited with turning C5 in to a profit-making operation after previous owners RTL racked up huge losses of £48million.

The show has also boosted C5’s ratings performance, helping it achieve a steady audience share in 2013. It also beat rival Channel 4 across one week last July for the first time ever.

The most recent Celebrity edition was particularly successful, becoming the highest rating series since 2010, and the first since 2006 whose final was more watched than its launch.

The current rights deal for Big Brother expires at the end of the year, following the fifteenth civilian and fourteenth celebrity series. C5’s director of programmes Ben Frow hinted last August that he wanted to renew it, although a firm announcement has yet to be made.

Earlier this week, media broadcaster Ofcom extended Channel 5’s transmission license for a further ten years.



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18 comments on this article

  1. BIG BROTHERS BIGGEST FAN says:
    Thu 13 Feb Reply !

    I am confused dies this mean big brother could be ending :cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry: :cry: :down: :down: :down: :down: :down: :down: :down: :envy: :envy: :envy: :envy: :envy: :envy: :sad: :sad: :sad: :sad: :sad: :sad: :sad: :sad: :conf: :conf: :conf: :conf:

  2. WALLY ! says:
    Fri 14 Feb Reply !

    It cant be any worse than its been recently, I feel this is the Rats leaving the sinking Ship, I knew the figures were too good to be true? :down: :sad:

  3. Loyal_BBFan says:
    Sat 15 Feb Reply !

    I hope BB and CBB don’t end on Channel 5. :cry:

    If it ends on CH5, I hope it goes back to Ch4 or goes to BBC1 or ITV or even ITV2. To be honest I don’t mind which channel it goes to as long as it’s still on tv, :grin:

  4. Wally ! says:
    Sun 16 Feb Reply !

    @Loyal_BBFan This must be a first to agree with you Loyal? I wish it would go back to Ch 4 with the old Format & not just for the Shock effect Or Scripted drama ? Give it back to the fans! :up: :happy:

  5. Lillian says:
    Mon 17 Feb Reply !

    :up: :grin: Oh yes give it to someone to give us back live streaming I hate the highlights with their edited version they are making it like a soap opera .. BB is suppose to be watching there every move like it used to be on channel 4…..

  6. Steven says:
    Mon 17 Feb Reply !

    RIP BIG BROTHER BYEBYE

  7. WALLY ! says:
    Tue 18 Feb Reply !

    @Lillian Like your little Cat there Lillian, Ive got a 16 year old called Thomas. It would be so nice if we were given back the old Style BB, without all the Interference & Manipulation & CBB without Gordie Shore, anyway but Ethics, Mad in Chelsea & anything to do with the X factor, Including Numb nuts Rylan? Whoo whoo ! :wink:

  8. Steven says:
    Tue 18 Feb Reply !

    If you dont have any of those Wally there would be nobody left.

  9. ste says:
    Tue 18 Feb Reply !

    @WALLY !
    Hey wally you forgot to add the nolans to that list..please please please CBB no more bloody nolans aaahhhhhhh.. :grin: :grin:

  10. WALLY ! says:
    Wed 19 Feb Reply !

    @Steven

    @ste
    Yea, but Steve think about that Slime & Smarm we would not have to put up with, :up: Ste , Arhhhh, Dont mention the Nolans they might produce another one, Nooooooooo! :cry:

  11. Maybee says:
    Wed 19 Feb Reply !

    @WALLY !

    @ste

    @Steven
    And NO MORE of those Loose Women hopefully.

  12. Maybee says:
    Wed 19 Feb Reply !

    @WALLY !

    @ste
    And NO more of those Loose Women pleeeeese !!

  13. Wally ! says:
    Wed 19 Feb Reply !

    @Maybee

    @ste
    Hey you guys, just had a thought? Now that bloke off the Wright Stuff has been in the jungle, How about his Arch rival Jeremy Vile, I mean Kyle? I can just here him now saying “Get off my Stage” to Catty Hopkins, But there Again, That prat would probably agree with Her? :doh: Mind you, He would have a field day with White Dee & that piece off Wife swap, I think that would sort out the term Loose women in one fell swoop? Opps Politically Incorrect slip there? But if you look at the Title of the TV program Loose Women, they started it? :straight:

  14. ste says:
    Fri 21 Feb Reply !

    All I can say on this topic is I wish it would go back to ch4 think its gone worse since being on ch5 like in bb 2012 giving 50k to a bully (conner) even last year fixing it for boring sam to win..and the worse thing they ever did was getting rid of brain dowling and bringing in that clown rylan clark..I love bb but they need to get back to basics and bring the housemates down a peg or two..because most of the them think there world celebrities as soon as they walk through the bb door.they moan there bloody head off if they dont get alchol and get pampered..there a bunch of bloody nobodies when theh enter the house let them bloody earn the £100.000.thats just my opinion.

  15. WALLY ! says:
    Sat 22 Feb Reply !

    @ste So True, get back to the original format, make em do something to earn there wanabe title, put them on basic rations if they foul up, & dont pamper them so much? Lets see something worth watching again ! Bring it on, whoo whoo. :up: :wink:

  16. Maybee says:
    Sat 22 Feb Reply !

    @ste
    Yes, the injustice of that “piece of work” Conor being rewarded for being a bullying thug :down: I thought BB could not get any worse.

    @WALLY !
    I so agree with both of you, lets get back to basics with BB. :up:

  17. ste says:
    Sat 22 Feb Reply !

    @Maybee
    Yeah I remember the early b.bs like in b.b 3 when kate won and had johnnie spencer jade alex adele.ect.when they devived the house and they had to go outside to use the loo and get a shower.and live on chic peas god those were the days..now there pamperd to much and not punished enough if they break rules.take care catch u later.

  18. Maybee says:
    Sun 23 Feb Reply !

    @ste
    Yes that BB was the one where Alison Hammond was the !st to be “booted out”, as it was a vote to evict, I must admit I was one of those who voted to get he out. But that didn’t seem to go against her as she then went on to that cushy job on This Morning. :doh:


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