Taxi tycoon investor Griffin quits Irish TV

Struggling broadcaster was losing €250k a month

13th November, 2016
John Griffin has a 41 per cent stake in Irish TV

John Griffin, the multimillionaire who was bankrolling Irish TV until a rupture in relations last month, has resigned as a director of its operating and holding companies.

Court documents seen by The Sunday Business Post state that Griffin “withdrew support with immediate effect” from Irish TV late last month.

Irish TV applied for the court protection of an interim examinership on Thursday, having failed to find alternative investment after Griffin withdrew his financial...

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