Richard Desmond
English publisher and businessman
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Richard Clive Desmond is a British publisher, businessman, and former pornographer.He is the former owner of Express Newspapers and founder of Northern & Shell, which publishes various celebrity magazines, such as OK! and New!, and British national newspapers Daily Star and Daily Express. Express Newspapers were sold to Reach plc for a consideration of £200m of which £74m was invested in the Express newspapers pension scheme until 2027. Northern & Shell owned Britain's Channel 5 before selling it to US broadcaster Viacom for £463m in May 2014. The company sold its adult television network, Portland, in April 2016 for less than £1m.
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