ITN will continue to produce the news for Channel 5 until 2020 after both companies signed a new four-year deal worth over £35 million.
As part of the new deal, 5 News will return to ITN's headquarters on Grey's Inn Road, where it was first based when Kirsty Young launched the channel's news service in 1997. In 2005, Sky News took over running 5 News, before ITN regained the contract in 2012 under Richard Desmond's ownership of Channel 5.
Since 2012, 5 News has been based in the Northern & Shell Building, home of Desmond's Daily Express and Daily Star titles. Earlier this year, former BBC Breakfast presenter Sian Williams (pictured above with Matt Barbet) joined 5 News in a bid to give the news service a higher profile.
John Hardies, Chief Executive of ITN said:
“5 News consistently delivers distinctive, authoritative news programmes and I am delighted that Channel 5 has demonstrated its ongoing commitment to our innovative and high quality output.”
ITN also provides the news for ITV and Channel 4. ITN was set up in the 1950s in conjunction with the launch of ITV and was originally designed to provide an impartial news service independent of the political leanings of the owners of the various new ITV companies.