Channel 5 is a privately owned company headquartered in the United Kingdom, operating under Paramount TV Media and functioning as a tier 1 media tech buyer. Founded in 1996, it employs approximately 770 individuals and reported $385.5M in revenue as of 2025. The company specializes in broadcast television and radio, providing a major British commercial free-to-air television network and public service broadcasting in the United Kingdom. Launched on March 30, 1997, as the UK's fifth terrestrial television channel, the network offers general entertainment programming including news, documentaries, factual entertainment, drama, films, and children's content (Milkshake!). In 2014, the broadcaster was acquired by the American media conglomerate Paramount Global and operates within its UK and international television distribution division.
UK television network 5, now part of David Ellison’s Skydance empire, reported a 64% decline in pre-tax profit last year, falling to £11.93 million ($15.8M) from £33.6M the previous year, according to earnings published on UK’s Companies House on October 9, 2026. This financial update followed a significant commercial agreement announced on September 18, 2026, where Channel 4 and 5 owner Paramount struck a long-term deal for Channel 4 Sales to handle advertising across a broad UK portfolio, including 5, from 2027. This partnership marks the first time advertising sales for the two public service broadcasters (PSBs) have been brought together, aiming to provide greater scale for advertisers and underpin continued investment in British programming. Earlier, on July 10, 2026, 5 signed a deal with official rights holder TNT Sports to broadcast the Opening Ceremony of the Glasgow Commonwealth Games live. This move occurred as TNT Sports had secured the live media rights for the sporting spectacle, marking the first time in over 70 years that the BBC provided no coverage of the event, which commenced on July 22, 2026.
Channel 5 offers 2 products in the media and telecoms services industry. Channel 5's product portfolio comprises of media and TV services and broadcast television and radio.
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Channel 5's revenues were less than $500M in 2025. Caretta Research has split Channel 5's revenue into 3 different product categories, the largest of which is linear TV advertising (national). For full access to Channel 5's revenue breakdown subscribe to Caretta Portal.
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Channel 5 currently holds 8 broadcasting rights for sports competitions including american football, snooker, soccer | association football, cricket and multi-sport.
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