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Read this: Channel 5 recovers with £26m profit despite advertising slowdown - Business News - Business - The Independent

Summary: Northern Shell, owner of Channel 5 and a stable of national newspapers, saw its revenues increase by 40 per cent during 2011, despite difficult trading conditions. The year saw the first full-year contribution from Channel 5 since Northern Shell acquired the broadcaster in July 2010. Channel 5 boosted turnover by 23 per cent to 353m in 2011, despite a largely flat UK TV advertising market. - link

Channel 5 recovers with £26m profit d…

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