Entertainment
Skydance-Owned Channel 5 Profits Dropped by $32 Million Last Year Due to Ad Market and Inward Streaming Investment
Skydance-owned U.K. network Channel 5 has reported a £24.5 million ($32 million) drop in profits for 2025, citing inward investment in streaming and a tough ad market. The network recorded a profit of £8.3 million for the year ending Dec. 31, 2025 after tax and interest, compared to £32.8 million the previous year. In its […]