Difference between revisions of "Richard Desmond"
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| − | '''Richard Desmond''' is the founder of [[Northern & Shell]], | + | '''Richard Desmond''' is the founder of [[Northern & Shell]], which own magazines, newspapers and TV channels in the UK. |
==Career== | ==Career== | ||
In 1974 Desmond founded [[Northern & Shell]] and began to publish music magazine International Musician and Recording World. In 1993 N&S launched OK! Magazine; bought [[Express Newspapers]] from what is now [[United Business Media]], run by [[Labour]] peer [[Lord Hollick]]; and in 2011 bought The Health Lottery.<ref name="N&G"> Northern and Shell [http://www.northernandshell.co.uk/about About], accessed 17 April 2015.</ref><ref> [http://www.independent.co.uk/news/media/richard-desmond-the-demon-proprietor-of-fleet-street-6159168.html Richard Desmond: The demon proprietor of Fleet Street] ''Independent'', 25 October 2004, accessed 17 April 2015.</ref> | In 1974 Desmond founded [[Northern & Shell]] and began to publish music magazine International Musician and Recording World. In 1993 N&S launched OK! Magazine; bought [[Express Newspapers]] from what is now [[United Business Media]], run by [[Labour]] peer [[Lord Hollick]]; and in 2011 bought The Health Lottery.<ref name="N&G"> Northern and Shell [http://www.northernandshell.co.uk/about About], accessed 17 April 2015.</ref><ref> [http://www.independent.co.uk/news/media/richard-desmond-the-demon-proprietor-of-fleet-street-6159168.html Richard Desmond: The demon proprietor of Fleet Street] ''Independent'', 25 October 2004, accessed 17 April 2015.</ref> | ||
| − | [[Northern & Shell]] currently own four newspapers - the ''Daily Express'', ''Sunday Express'', ''Daily Star'' and ''Daily Star Sunday'' - and celebrity magazines OK!; new!; and Star, is a 50 percent joint venture partner in the ''Irish Daily Star''.<ref name="N&G"/> and own adult channels Television X and Red Hot.<ref name="GU"> Rowen Mason [http://www.theguardian.com/politics/2015/apr/16/daily-express-owner-richard-desmond-ukip-donation Daily Express owner Richard Desmond hands Ukip £1m] ''Guardian'', 16 April 2015, accessed 17 April 2015.</ref> | + | [[Northern & Shell]] currently own four newspapers - the ''Daily Express'', ''Sunday Express'', ''Daily Star'' and ''Daily Star Sunday'' - and celebrity magazines OK!; new!; and Star, is a 50 percent joint venture partner in the ''Irish Daily Star''.<ref name="N&G"/> and own adult channels [[Television X]] and [[Red Hot]].<ref name="GU"> Rowen Mason [http://www.theguardian.com/politics/2015/apr/16/daily-express-owner-richard-desmond-ukip-donation Daily Express owner Richard Desmond hands Ukip £1m] ''Guardian'', 16 April 2015, accessed 17 April 2015.</ref> |
In 2010 N&G bought the UK's [[Channel 5]] for £104.5 million. Desmond then put it up for sale in 2014 expecting to raise about £700 million; US media group [[Viacom]] bought it for £450 million.<ref> BBC News [http://www.bbc.co.uk/news/business-27240335 Viacom to buy Channel 5 for £450m], 1 May 2014, accessed 17 April 2015.</ref> | In 2010 N&G bought the UK's [[Channel 5]] for £104.5 million. Desmond then put it up for sale in 2014 expecting to raise about £700 million; US media group [[Viacom]] bought it for £450 million.<ref> BBC News [http://www.bbc.co.uk/news/business-27240335 Viacom to buy Channel 5 for £450m], 1 May 2014, accessed 17 April 2015.</ref> | ||
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As of 17 April 2015, Desmond's £1 million donation has not been recorded by the Electoral Commission. | As of 17 April 2015, Desmond's £1 million donation has not been recorded by the Electoral Commission. | ||
| + | |||
| + | ==Resources== | ||
| + | *https://www.thejc.com/news/desmond-channel-five-and-jewish-faith-e5fp1n6g | ||
| + | |||
==Notes== | ==Notes== | ||
Latest revision as of 10:07, 17 June 2024
Richard Desmond is the founder of Northern & Shell, which own magazines, newspapers and TV channels in the UK.
Contents
Career
In 1974 Desmond founded Northern & Shell and began to publish music magazine International Musician and Recording World. In 1993 N&S launched OK! Magazine; bought Express Newspapers from what is now United Business Media, run by Labour peer Lord Hollick; and in 2011 bought The Health Lottery.[1][2]
Northern & Shell currently own four newspapers - the Daily Express, Sunday Express, Daily Star and Daily Star Sunday - and celebrity magazines OK!; new!; and Star, is a 50 percent joint venture partner in the Irish Daily Star.[1] and own adult channels Television X and Red Hot.[3]
In 2010 N&G bought the UK's Channel 5 for £104.5 million. Desmond then put it up for sale in 2014 expecting to raise about £700 million; US media group Viacom bought it for £450 million.[4]
Politics
In April 2015 Desmond publicly pledged £1 million to the United Kingdom Independence Party. The story was on the front cover of his newspaper - Daily Express.
Desmond said:
- 'I am fed up with complacency and cronyism, and I’m fed up with the floppy-haired Eton club. I am also fed up with champagne socialists who just tell people what they want to hear'.
- 'Ukip is a thorn in their side. That is why I am doing this. I want them to carry on being a thorn in the side of the Tories and Labour.'[3]
Donations
Recorded by the Electoral Commission:[5]
| Date | Name of donor | Amount | Donated to | Subsidiary (parties only) |
|---|---|---|---|---|
| 11/12/2014 | Northern & Shell Media Group Ltd | £300,000.00 | UK Independence Party (UKIP) Political Party | Central Party |
As of 17 April 2015, Desmond's £1 million donation has not been recorded by the Electoral Commission.
Resources
Notes
- ↑ 1.0 1.1 Northern and Shell About, accessed 17 April 2015.
- ↑ Richard Desmond: The demon proprietor of Fleet Street Independent, 25 October 2004, accessed 17 April 2015.
- ↑ 3.0 3.1 Rowen Mason Daily Express owner Richard Desmond hands Ukip £1m Guardian, 16 April 2015, accessed 17 April 2015.
- ↑ BBC News Viacom to buy Channel 5 for £450m, 1 May 2014, accessed 17 April 2015.
- ↑ Electoral Commission, Donation Search, accessed 17 April 2015
