You will be redirected back to your article in seconds

Report: Discovery, NBCUniversal, Saban Capital Mull Bids for U.K.’s Channel 5

Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5.

According to a report published Sunday in the Financial Times, bids for the company are due on Thursday.

Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the asset, which he bought in 2010 for about $173 million.

The FT reported that Discovery is considering a joint bid with 21st Century Fox-controlled British Sky Broadcasting.

NBCUniversal has been actively expanding its international holdings in recent years under parent company Comcast Corp. Saban Capital, parent company of Univision Communications, is a frequent contender when big media assets come on the block.

Investment bank Barclays is handling the Channel 5 sale for Desmond.

More TV

  • HBO Renews 'High Maintenance' and 'Crashing'

    HBO Renews 'High Maintenance' and 'Crashing' for Season 3

    Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5. According to a report published Sunday in the Financial Times, bids for the company are due on Thursday. Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the […]

  • Michael O'Neill

    TV News Roundup: 'Scandal' Books Michael O'Neill in Recurring Guest Role

    Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5. According to a report published Sunday in the Financial Times, bids for the company are due on Thursday. Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the […]

  • Damon Wayans Jr

    Damon Wayans Jr. Lands Lead Role in CBS Comedy Pilot From Austen Earl, Tim McAuliffe

    Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5. According to a report published Sunday in the Financial Times, bids for the company are due on Thursday. Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the […]

  • Superstore

    'Superstore' Renewed for Season 4 at NBC

    Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5. According to a report published Sunday in the Financial Times, bids for the company are due on Thursday. Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the […]

  • SXSW 2018 Highlights: Visit the 'Westworld'

    SXSW 2018 Highlights: Visit the 'Westworld' Theme Park, 'Shameless' Bar

    Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5. According to a report published Sunday in the Financial Times, bids for the company are due on Thursday. Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the […]

  • AMERICA'S GOT TALENT -- "Live Show

    'America's Got Talent' Judging Panel, Tyra Banks Set to Return for Season 13

    Discovery Communications, NBCUniversal and Saban Capital are among the media players mulling bids for U.K. broadcaster Channel 5. According to a report published Sunday in the Financial Times, bids for the company are due on Thursday. Channel 5 owner Richard Desmond (pictured), a British publishing mogul, hopes to fetch more than $1 billion for the […]

More From Our Brands

Access exclusive content