Channel 5 decision day

Channel 5 decision day

The Independent Television Commission is to announce tomorrow the winner of the Channel 5 licence, following days of speculation. The four bidders are UKTV, a consortium led by Canadian broadcaster CanWest; Channel 5 Broadcasting, sponsored by Pearson, MAI and others; Virgin TV, made up of Richard Branson's Virgin Group, Associated Newspapers and others; and New Century Television, a joint venture led by BSkyB, the satellite and cable broadcaster which is 40 per cent owned by Rupert Murdoch'sNews Corporation.