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ITV Bites a Chunk out of UTV Media, But talkSPORT will Remain with Belfast Company

By Aatif Sulleyman on at

ITV is to purchase UTV Media’s TV stations and brand for £100 million, with the Belfast-based company set to makes losses of £11.5 million this year. The deal is subject to approval from the UK and Irish broadcasting regulators and Ireland's competition watchdog, and will see UTV Media keep hold of its collection of radio stations, including talkSPORT. [BBC]