M&A Deal Summary

Viacom Acquires Channel 5 Broadcasting

On September 10, 2014, Viacom acquired media company Channel 5 Broadcasting from Northern & Shell Network for 757M USD

Acquisition Highlights
  • This is Viacom’s 8th transaction in the Media sector.
  • This is Viacom’s 4th largest (disclosed) transaction.
  • This is Viacom’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2014-09-10
Target Channel 5 Broadcasting
Sector Media
Buyer(s) Viacom
Sellers(s) Northern & Shell Network
Deal Type Divestiture
Deal Value 757M USD

Target

Channel 5 Broadcasting

London, United Kingdom
Channel 5 Broadcasting Ltd., holds the license to operate the fifth, and final, national terrestrial broadcast television channel to be granted in the United Kingdom. Warburg Pincus was invited to become a founding shareholder of this start-up enterprise by a Channel 5 Managing Director, Greg Dyke, with whom Warburg Pincus had worked previously when Mr. Dyke led London Weekend Television.

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Buyer(S) 1

Buyer

Viacom

New York, New York, United States

Category Company
Founded 2005
Sector Media
Revenue 12.9B USD (2018)
DESCRIPTION

Viacom is a global media company which is home to a variety of entertainment brands that connect with audiences through compelling content across television, motion picture, online and mobile platforms in over 160 countries and territories. Viacom was founded in 2005 and is based in New York, New York.


DEAL STATS #
Overall 13 of 17
Sector (Media) 8 of 10
Type (Divestiture) 1 of 3
Country (United Kingdom) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 4 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-23 Harmonix

Cambridge, Massachusetts, United States

Harmonix is a developer of groundbreaking music-oriented videogames. Harmonix has developed Guitar Hero I and Guitar Hero II games, Karaoke Revolution Party, Amplitude, Frequency, Eyetoy and the Rock Band franchise. Harmonix was formed in 1995 and is based in Cambridge, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-15 Televisión Federal S.A.

Buenos Aires, Argentina

Televisión Federal S.A. is one of the main free-to-air channels in Argentina. Telefe engages in the production, distribution and sale of content and multiplatform services in Argentina. It holds nine broadcast TV licenses and two channels; one national and one International with more than 10 million subscribers. For 26 years, Telefe has maintained its leadership position with high quality content. With more than 12,000 m2 of production space, it produces its own content as well as produces for third parties, both nationally and internationally. It is present on all continents as one of the most recognized producers of Spanish-language content, currently distributed in more than 100 countries.

Buy $345M

Seller(S) 1

SELLER

Northern & Shell Network

London, United Kingdom

Category Company
Founded 1974
Sector Media
DESCRIPTION

Northern & Shell Network Ltd., a publisher of the music magazine International Musician and Recording World.


DEAL STATS #
Overall 1 of 2
Sector (Media) 1 of 1
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 2
Year (2014) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-23 Channel 5 Broadcasting

London, United Kingdom

Channel 5 Broadcasting Ltd., holds the license to operate the fifth, and final, national terrestrial broadcast television channel to be granted in the United Kingdom. Warburg Pincus was invited to become a founding shareholder of this start-up enterprise by a Channel 5 Managing Director, Greg Dyke, with whom Warburg Pincus had worked previously when Mr. Dyke led London Weekend Television.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-09 Northern & Shell Network - Publishing Assets

London, United Kingdom

Northern & Shell's publishing assets are a significant force in the UK media sector, with a portfolio of newspapers and magazines which comprise four national newspaper titles (the Daily Express, Sunday Express, Daily Star and Daily Star Sunday) and three celebrity magazines (OK!, New!, and Star) together with a 50% joint venture interest in the Irish Daily Star, outside the UK. Northern & Shell operates a print plant in Luton, serving its portfolio of newspapers and magazines as well as providing third-party printing services.

Sell £127M