Channel 5 may sell digital capacity
Tuesday 30 September 1997
The company is guaranteed one channel to duplicate its analogue service using digital frequencies. However, it has two channels spare, which it is not keen to invest in.
Senior television sources say that S4C Digital Networks (SDN), the group owned by S4C, the Welsh Channel 4, United News & Media, and NTL, the cable company, is interested in buying some of the spare capacity. Channel 5 could raise over pounds 15m from the sale, according to some industry estimates.
SDN has been awarded the licence for multiplex A, which carries the Channel 5 and S4C digital services and has half of its spare capacity free for new programming. United and NTL were keen to take a stake in SDN after the pair lost their battle for the digital terrestrial licences to British Digital Broadcasting, the consortium owned by Carlton Communications and Granada Group.
David Elstein, Channel 5's high-profile chief executive, is known to want to focus on the company's fledgling analogue service rather than pouring much-needed cash into new digital broadcasting.
A spokesman for the Independent Television Commission indicated that Channel 5's proposals would require the watchdog's clearance.
- 3 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 4 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 5 Isis publicly behead man in Syrian town square for 'insulting Allah' as he screams for help
Michelle Obama highlights harsh restrictions faced by Saudi women after meeting King Salman without wearing a headscarf
Amal Clooney gives excellent response to fashion question at European Court of Human Rights
Sir David Attenborough interview: The one question about life that still baffles him
Isis publicly behead man in Syrian town square for 'insulting Allah' as he screams for help
One spelling error costs Companies House up to £9 million after being sued for ruining business
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Greece elections: Syriza and EU on collision course after election win for left-wing party
British Muslim school children suffering a backlash of abuse following Paris attacks
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
iJobs Money & Business
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...
£25000 - £35000 per annum: Recruitment Genius: A Technical Report Writer is re...
Competitive salary & benefits!: MBDA UK Ltd: MBDA UK LTD Indirect Procurement...