Spectre of ITV withdrawal hangs over future of TV3

TV3’s future lies in the balance this week after one of its owners, ITV, made it clear it would withdraw from the Irish market completely if its partner in the venture placed too high a price tag on its stake in the station.

11th March, 2006

TV3’s future lies in the balance this week after one of its owners, ITV, made it clear it would withdraw from the Irish market completely if its partner in the venture placed too high a price tag on its stake in the station.

ITV’s Canadian partner put its 45 per cent interest in TV3 on the market last month after it failed to get its asking price in a private deal with ITV....

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