Ofcom: No changes for Channel 5 licence
November 28, 2019
UK media regulator Ofcom has concluded that no changes are needed to the licence of UK commercial broadcaster Channel 5 following the merger in the US between CBS and Viacom.
Viacom has owned Channel 5 since May 2014.
Ofcom is required under the Communications Act to review any change in control of the Channel 5 licence. The watchdog concluded that the change of control would not have any prejudicial effect on the delivery of Channel 5’s news and current affairs output, original productions or programmes produced outside of London.
CBS and Viacom confirmed their merger deal back in August.
Other posts by :
- Arianespace trims ambitions for rocket update
- Forecast: $5tn annual SpaceX revenues
- Who else was eyeing Globalstar?
- Analyst: Unrealistic expectations at SpaceX
- Rocket Lab: “We will out-innovate SpaceX”
- S&P ranks Arqiva’s debt as BBB+
- AST SpaceMobile to make D2C progress this winter
- EchoStar to put Hughes Network into bankruptcy