Kanal 5 (Channel 5) is a Swedish commercial television channel established in 1989. It is owned by the media corporation ProSiebenSat.1 Media.

After a troublesome 1990s, Kanal 5 launched new strategies in the early 2000s (decade) that established it as a popular entertainment channel targeting young people. The channel's slogan is "Roligare TV" ("More Entertaining TV") and it only broadcasts entertainment, such as series, movies, reality series and infotainment documentaries. In 2006, the channel was the most popular channel among Swedes aged 15–24.