0
Video

UPC Ireland to acquire TV3 for EUR 80 million

Monday 6 July 2015 | 11:00 CET | News
Liberty Global subsidiary UPC Ireland has signed an agreement with Doughty Hanson to acquire Irish commercial broadcaster TV3 for EUR 80 million. An extra sum of up to EUR 7 million is payable based on TV3 hitting certain targets. On completion of the deal, TV3 will become part of Liberty Global group, demonstrating the latter's confidence in both TV3 and the Irish TV and production sectors. TV3 operates two free-to-air channels, the flagship TV3 channel and the youth-oriented 3e. In addition, it has TV3+1 on UPC and Sky, and the 3Player VoD platform. The deal is subject to regulatory

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Liberty Global / TV3 / UPC Ireland
Countries: Ireland
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Eir in talks to buy Setanta Sports - report

Published 20 Nov 2015 08:50 CET | Ireland
Irish incumbent Eir is in talks to acquire the pay-TV provider Setanta Sports, the Irish Times reported. The paper's sources said ...

Liberty Global, Discovery buy stakes in Lionsgate

Published 10 Nov 2015 16:48 CET | World
Cable group Liberty Global is continuing its expansion in the content market with the acquisition of a stake in film and TV ...

Liberty Global invests in YouTube football channel

Published 12 Oct 2015 13:34 CET | World
Liberty Global has invested in Bigballs Media, the owner of a football-themed channel on YouTube. The cable operator invested ...

UPC Ireland rebrands as Virgin, launches mobile services

Published 02 Oct 2015 10:38 CET | Ireland
UPC Ireland confirmed that all its operations, services and products in Ireland, both residential and business, will be branded ...

UPC Ireland to adopt Virgin Media brand

Published 28 Aug 2015 14:51 CET | Ireland
Cable operator UPC Ireland has confirmed that it will adopt the Virgin Media brand. All operations, products and services will ...

Northern Ireland's UTV in talks to sell TV assets

Published 24 Aug 2015 14:49 CET | United Kingdom
Northern Ireland broadcaster UTV Media confirmed it's in talks on a possible sale of its TV activities. The company did not name ...

UPC Ireland ends Q2 with 1.09 million RGUs

Published 07 Aug 2015 16:25 CET | Ireland
Liberty Global's Irish subsidiary UPC Ireland ended Q2 2015 with a total of 1.09 million revenue generating units (RGUs). This ...

Liberty Global growth slows in Q2 after Dutch merger

Published 05 Aug 2015 08:33 CET | Europe
Liberty Global added just 115,000 new revenue-generating units in the second quarter, for a total 52.9 million at the end of ...

Liberty Global increases stake in ITV to 9.9%

Published 31 Jul 2015 10:36 CET | United Kingdom
Liberty Global has purchased 138.7 million shares in UK commercial broadcaster ITV. This increases its existing stake to a total ...

UPC Ireland launches fibre service ad campaign

Published 15 Jul 2015 15:41 CET | Ireland
Cable operator UPC Ireland has launched a new ad campaign celebrating the power of its fibre network. The ad 'Life Flows Better ...

Liberty Global launches LiLAC tracking stock

Published 02 Jul 2015 09:20 CET | Caribbean
Cable group Liberty Global has begun distributing shares of a tracking stock for its operations in Latin America and the ...

New threat for KPN: rising content costs

Published 01 Jul 2015 14:46 CET | Netherlands
KPN is gathering momentum for a new attack on the content market, while the Liberty Global associate Discovery has just acquired ...

Sky, Liberty Global consider bids for F1 stake - report

Published 30 Jun 2015 10:52 CET | World
Broadcasting groups Sky and Liberty Global are understood to be interested in making a bids for a GBP 4.5 billion controlling ...

Liberty Global to focus on existing markets

Published 25 Jun 2015 11:20 CET | Netherlands
Liberty Global plans to focus on expanding in the European markets where it is already active, Reuters.com reports. Chief ...

Liberty Global eyes TV3 Ireland acquisition - report

Published 12 Jun 2015 13:44 CET | Ireland
US cable group Liberty Global is conducting due diligence on Irish DTT broadcaster TV3 with a view to acquiring the business, ...

Netflix app helped cable operators - Liberty Global CEO

Published 11 Jun 2015 10:43 CET | Germany
Vodafone Germany and Kabel Deutschland are willing to breach net neutrality if Netflix wants to pay for a dedicated broadband ...

Liberty Global completes USD 272.5 mln Choice Cable TV buy

Published 05 Jun 2015 14:30 CET | Puerto Rico
Liberty Global and Searchlight Capital Partners have completed the purchase of Puerto Rican cable and broadband services provider ...

Vodafone confirms Liberty Global talks about European assets

Published 05 Jun 2015 09:48 CET | Europe
Vodafone confirmed overnight reports that it had entered informal talks with Liberty Global about combining some of their ...

Cable mergers try to break power of content providers

Published 27 May 2015 14:47 CET | World
A major cable merger has been announced in the US. Charter is bidding for Time Warner Cable as well as continuing its earlier ...