Financial Times FT.com

Year without direction for Five as it moves from Lighting to Dawn

By Ben Fenton in London

Published: May 2 2008 03:00 | Last updated: May 2 2008 03:00

They say the darkest hour is just before the dawn.

For Five, the UK's youngest, smallest terrestrial broadcaster, it promises to be a very long, very dark, hour. In fact, more like a year.

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