TV5 was a Latvian television channel, created in June 1996. All programs were broadcast in Russian. The channel showed Russian serials, movies, news and hockey broadcast out of Arēna Rīga. Until October 2001 the name was TV Riga.[1] TV5 was owned by Modern Times Group. Financial reasons forced TV5 to cease broadcast in March 2016.[2]
History
In June 1996, TV Riga started broadcasting. This channel broadcast took place in the Riga Radio and TV Tower. The broadcasting radius was 70 kilometers around Riga. In 1999, for a short period, the channel license was revoked because the National Radio and Television Council complained about channel activity, but in order to obtain the permission to broadcast the channel in March 2001, it resumed its activities.[3][4]