Media
Report: TV3 to take Setanta stake
Published Sunday, Dec 3 2006, 12:43 GMT | By Neil Wilkes
Irish broadcaster TV3 is planning to invest €100 million (£67 million) in sports broadcaster Setanta, according to the Sunday Times.
The move is part of a wider plan from new owners Doughty Hanson - a Brit-based private equity firm - to expand TV3's media assets.
Setanta is in the process of finding €320 million (£215 million) to fund its successful English Premiership rights bid and launch a new golfing channel.
Some sharing of TV sports rights is also expected to be included as part of the TV3 deal.
The move is part of a wider plan from new owners Doughty Hanson - a Brit-based private equity firm - to expand TV3's media assets.
Setanta is in the process of finding €320 million (£215 million) to fund its successful English Premiership rights bid and launch a new golfing channel.
Some sharing of TV sports rights is also expected to be included as part of the TV3 deal.
More: Media, Broadcasting
More Media News
Satellite TV News
Sky marks Jubilee with Union Jack remoteSky and One For All create universal remote celebrating the landmark UK summer.
Cable News
Pirate Bay blockade begins with VirginBT, Sky, others to follow suit, but rights groups warn it won't tackle piracy.
Freeview News
Freeview+ made easier for blind peopleRNIB develops software to make it easier for blind people to use Freeview+.
Video on Demand
'World first' social VOD service launchesThe studio behind Plan B's iLL Manors offers VOD users rewards for sharing.






