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Read this: Channel Five quits Project Canvas | Media | guardian.co.uk

Summary: Five, which has been put up for sale by its parent company RTL, is one of seven partners in the venture, which is expected to launch next year. The BBC Trust has said that the cost of Project Canvas, including development, launch, and the first four years' running costs, will be 115.6m. It is not known if the announcement about Five will affect the plan. - guardian.co.uk

Read full article: www.guardian.co.uk link icon  Channel Five quits Project Canvas | Medi…



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