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Read this: Knives at Five: Can Richard Desmond rescue his new channel? -TV Radio, Media - The Independent

Summary: Despite a dramatic cost-cutting drive during the downturn, Desmond has left employees reeling as he axed seven out of the nine executive-board directors and revealed plans to slash 80 further jobs. However, it is understood that she was asked to stay and will be managing the handover process over the next few months, before joining the broadcaster's former owner, RTL. Only Five's sales director, Kelly Williams, and Jeff Ford, its managing director of digital channels, remain from the senior team. - independent.co.uk

Read full article: www.independent.co.uk link icon  Knives at Five: Can Richard Desmond resc…



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