Terms have been agreed for the purchase of Irish commercial TV group TV3 by Liberty Global subsidiary UPC, Ireland’s leading connected entertainment provider.
TV3 operates two free-to-air channels, the flagship TV3 and the youth-oriented 3e. In addition, it has 3PLAYER, the most widely distributed video-on-demand platform in the country.
“We’re pleased to welcome TV3 to the Liberty Global family,” comments Magnus Ternsjö, CEO of UPC Ireland. “The investment we are making today secures the long-term future of TV3 Group. With its wide range of home-grown programming, TV3 holds a unique place in the heart of Irish viewers. This is a terrific addition to the TV service we offer – which is already the best in Ireland.”