Watch Full Series of Live from Studio Five Online Full Episodes FREE in HD on 123movies. Download Live from Studio Five Series 123movies new website. Live from Studio Five was an early-evening British magazine programme which was produced by Sky News for Channel 5. It was presented by Kate Walsh and a line-up of other co-presenters during its run. It consisted of interviews and discussing topical issues, with an emphasis on showbusiness news and celebrity gossip, after originally covering stories from a popular news agenda. It aired its final edition on 4 February 2011 and was replaced by OK! TV in February 2011 which lasted just nine months on air before itself being axed.