TV3 owner to buy UTV Ireland in €10 million deal

Virgin Media to acquire struggling station, as revealed by Sunday Business Post

11th July, 2016

The owner of TV3 is to purchase UTV Ireland in a €10 million deal, it has been confirmed this evening.

This will be UTV Ireland’s third owner in its lifetime. The channel, which launched in January 2015, was purchased by ITV from UTV Media last October. That deal, which included UTV Ireland and the main UTV channel, was worth £100 million.

TV3 is expected to be considered Virgin Media’s main Irish channel after the...

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