Viacom to buy Channel 5 for £450m Tweet Follow me Richard Desmond is set to sell UK broadcaster Channel 5 for £450m to US group Viacom, in a move that will see him receive more than four times his initial investment. For the full story read FT.COM Related posts: Channel 5’s Milkshake inks magazine deal with Signature Publishing Richard Desmond appoints Barclays to explore sale of Channel 5 UBM to sell Property Week and channel business Informa has acquired Channel Exhibitions in the UAE
