LONDON — The U.K.’s Channel 5 may receive more cash for programming from its owners to enable it to move upmarket.
C5 has a reputation for cheap and cheerful scheduling and sex-oriented latenight shows. Pan-Euro broadcaster RTL Group, which has a 65% stake in the channel, is expected to free up more cash so that C5 can break into the mainstream and become a more appealing proposition to advertisers. C5, which currently has around a 6% share of the overall TV audience, was launched in 1997.