July 23, 201015 yr Straight from the FT:RTL sells Five to Desmond for £103.5mRTL has sold Five to Richard Desmond, the owner of the Daily Express, the Daily Star and OK! magazine, for £103.5m.The deal sees Mr Desmond become the first individual to control a UK public-service broadcasterWell, times are tough!And... I think the Financial Times means Channel Five.
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