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It's a funny old world as Guardian Media's Dan Sabbagh lauds Richard Desmond for £30m profit

It’s a funny old world as Guardian Media’s Dan Sabbagh lauds Richard Desmond for £30m profit

By Stephen Foster on June 13, 2011

Not so long ago Richard Desmond, owner of Express Newspapers, OK magazine, numerous digital porn channels and, recently, Channel 5 was boasting that he had so much money that he wanted to buy the Sun from Rupert Murdoch’s News Corporation for £1bn. Now, it transpires, Desmond’s Northern and Shell empire has tripled its profits – [...]

Posted in Finance, Media, News | Tagged channel 5, Dan Sabbagh, express newspapers, guardian media, news corporation, northern & shell, ok magazine, porn channels, profits, richard desmond, Rupert Murdoch, the sun, the times

Dawn Airey and Richard Desmond - a Five marriage made in heaven?

Dawn Airey and Richard Desmond – a Five marriage made in heaven?

By Stephen Foster on August 10, 2010

Richard Desmond, the owner of Express Newspapers and now the new owner of UK terrestrial television channel Five, is due to address the troops tomorrow about his plans for the combined business. We don’t know what he’s going to say but you can bet that they won’t like it. Dessie will seek to integrate his [...]

Posted in Media, News | Tagged Dawn Airey, express newspapers, Five, ok!, richard desmond, sky, Stan Myerson

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