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    GB News
    Media

    GB News

    United Kingdom flagUnited Kingdom

    "Original news, opinion and debate"

    Founded +2021-06-13 London CEO: Angelos Frangopoulos
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    About

    GB News burst onto the UK media scene on June 13, 2021, aiming to offer a different perspective on news and current affairs. It was the first new television news channel to launch in the UK since Sky News in 1989, setting up its initial operations in London's Paddington Basin. The channel's core promise was to deliver "original news, opinion and debate," a blend of traditional news coverage and programming heavily featuring opinion and commentary. From the outset, GB News established a clear identity, often aligning with right-wing viewpoints on political and social issues.

    The launch was supported by significant investment, with key backers including hedge fund manager Sir Paul Marshall and the Dubai-based Legatum group. Veteran broadcaster Andrew Neil initially served as the channel's chairman and leading on-air figure, but he departed in September 2021, just a few months after the launch. Angelos Frangopoulos, who has a background in international news broadcasting, took over as CEO. The channel's programming features a range of presenters, many with prior experience in politics and journalism, who bring their distinct perspectives to news discussions. GB News broadcasts across various platforms, including Freeview, Sky, YouView, Freesat, and Virgin Media, and also maintains a radio presence.

    Mission

    GB News states its mission is to provide "original news, opinion and debate," offering a platform for diverse voices and perspectives on current affairs. The channel aims to present news and analysis with a focus on opinion-led programming, catering to an audience interested in viewpoints often not found on other major news outlets.

    History

    GB News was founded by Andrew Cole and Mark Schneider, launching on June 13, 2021. The channel aimed to fill a perceived gap in the UK market for news programming with a distinct right-leaning perspective. Veteran broadcaster Andrew Neil was appointed as its first chairman and was the face of the channel at its inception. However, Neil resigned just three months later, in September 2021, citing a lack of commitment from the channel's backers. This early departure marked a significant moment in the channel's history. Angelos Frangopoulos, an experienced media executive, took over as CEO, steering the company through its initial years.

    The channel has faced financial challenges, reporting substantial pre-tax losses in its early years. Despite these financial hurdles, significant investment has continued to flow into the company from entities like Sir Paul Marshall and Legatum. GB News has also navigated regulatory scrutiny from Ofcom, particularly concerning the involvement of politicians in news reading and interviewing roles. The channel expanded its operations, opening a new base in Westminster in August 2023, signaling its commitment to political coverage. The company has seen a steady increase in employee numbers, reflecting its growth and operational expansion.

    Notable People

    Nigel Farage

    Presenter · 2021-Present

    Prominent presenter and political commentator on the channel.

    Sir Jacob Rees-Mogg

    Presenter · 2022-Present

    Hosts 'State Of The Nation' and has faced Ofcom rulings regarding broadcasting rules.

    Andrew Neil

    Former Chairman and Presenter · 2021

    Served as the inaugural chairman and lead anchor, departing shortly after launch.

    Milestones

    2021-06-13

    GB News launches in the UK.

    2021-09-13

    Andrew Neil resigns as chairman.

    2023-05

    Ofcom rules against two episodes of Jacob Rees-Mogg's show for breaching broadcasting rules.

    2023-08-28

    GB News begins broadcasting from its new Westminster location.

    2023-05

    Company accounts show a pre-tax loss of £42.4 million for the year ending May 2023.

    Sources

    Organization Info

    Founded
    +2021-06-13
    Headquarters
    London
    Country
    United Kingdom
    CEO
    Angelos Frangopoulos
    Parent
    All Perspectives Ltd.
    Type
    Media
    Ownership
    All Perspectives Ltd.
    Key Backers
    Sir Paul Marshall, Legatum
    Employees
    295 (as of May 2023)
    2022/23 Pre-tax Loss
    £42.4 million

    Financials

    Employees
    295

    Official Website

    www.gbnews.uk/

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