Channel Five has snatched the rights to Neighbours from the BBC in a deal believed to be worth £300m over 10 years.
Five made its move for the Australian soap after the BBC pulled out of the bidding earlier today, bringing to an end the corporation's 22-year association with the programme.
Five is likely to pair Neighbours in a daytime Australian soap double bill with Home and Away, which it stole away from ITV seven years ago. Five said Neighbours would be shown on its main channel and digital service Five Life from 2008.
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