Article: A new Dawn for Sky BSkyB has won the battle for Dawn Airey, the woman credited with turning around Channel 5. And ITV bosses will be tearing their hair out, say Damian Reece and Robert Peston

There were plenty of penguins and iguanas to distract Dawn Airey, chief executive of Channel 5, on her three-week cruise round the Galapagos Islands which ended on Thursday. But the woman who has become Britain's most successful and sought after television executive has had something even more diverting to keep her preoccupied on holiday.

In a twist as dramatic as anything served up on Channel 5's Home & Away soap opera, The Sunday Telegraph can disclose that in between watching the wildlife, Airey has been secretly considering a multi- million pound job offer, which she has now decided to accept, from Rupert Murdoch's BSkyB.

There will be shrieks in luvviedom, where it had been assumed she ...

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