RTL,the Channel's owners reported a £61m provision against the cost of goodwill in its figures yesterday which represents a fall in the value of the channel since its purchase.
Ciar Byrne ,writing in this morning's Indy says
It is a sign of the malaise at Five that the position of director of programmes lay vacant for several months after Dan Chambers, who had held the post, left the channel last autumn. Rumour has it that several television executives declined the job, until Five finally managed to poach Jay Hunt from the BBC, where she was controller of daytime and early peak.
I must admit that it is a Channel that are rarely if ever watch,I know that there are some popular programmes on such as CSI,House and recently the Paul Merton in China.It has alos scooped Neighbours off the BBC.
It hold an audience share of around 6% and has launched some digital spin off channels in recent months.
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