Read this: Richard Desmond’s Northern Shell back in profit thanks to Channel 5 | Media | theguardian.com
Summary: Richard Desmonds Northern Shell bounced back into profit in 2013 thanks to a record performance from Channel 5, which countered a revenue slump at the newspapers and the ailing Health Lottery, which has lost more than 80m. Northern Shell, the owner of Express Newspapers and OK magazine which just sold off Channel 5, made an operating profit of 37m in 2013. A major recovery from the 5.6m operating loss in 2012. - theguardian.com
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