3e records losses, but profit expected this year

Irish television station 3e - formerly known as Channel 6 - racked up accumulated losses of more than €16 million by the end of 2008,th e year it was acquired by TV3.

20th February, 2010

Irish television station 3e - formerly known as Channel 6 - racked up accumulated losses of more than €16 million by the end of 2008,th e year it was acquired by TV3.

Accounts filed for the station revealed that, during 2008,i t was taking in less than €50,000 a week on average, while operating costs were running at more than €147,000 a week. It had a pre-tax loss of €5 million for the year.

However, David...

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