Paramount-Owned Channel 5’s Profits Drop, But Content Spend Hits Three-Year High

Channel 5’s operating profits and sales declined last year, but the Paramount Skydance-owned British network continued to invest in local content. Published on the UK’s Companies House, Channel 5’s first earnings since the David Ellison-led Skydance merger were skewed by a £80.9M ($109M) payment from Sky Media in 2023 after the ad sales house accidentally […]