Feeds

Richard Desmond joins Project Canvas

Five's back in

Top three mobile application threats

Richard Desmond, new owner of Channel 5, has thrust the channel back into Project Canvas, the BBC-led next-generation set-top box.

Five left the project just six weeks ago, citing the expense of its £16m share of the £115m start-up costs for the Project. Since then it has new owners - Desmond's Northern and Shell paid £103 at the end of July - and a new board.

He'd be daft not to take a gamble on Canvas. Spectrum squeeze and high debts mean that Five has missed out on an HD slot on FreeView and Freesat - although it Five HD is available on Sky's platform. The interactive nature of Canvas, which includes web widgets and an app store, suits a media empire that spans a variety of popular properties.

Desmond began publishing in 1974, moving into telephone sex chat lines and jazz mags in the 1980s. He sold off the latter in 2004. More respectable titles were added to the group, including the acquisition of Daily Express and Daily Star newspapers in 2000. In the most recent annual financial statement, N&S recorded profits of £41.1m on turnover of £483m for 2008, the bulk of which was earned from UK publishing, and employed over 1,100 staff. ®

The Essential Guide to IT Transformation

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.