UTV Ireland expects to lose €8.35m this year

UTV said it expects the new UTV Ireland station to lose six million pounds sterling (€8.35m) this year.

UTV Ireland expects to lose €8.35m this year
Wed, 18 Mar, 2015 - 07:34
Dave Molloy

UTV said it expects the new UTV Ireland station to lose six million pounds sterling (€8.35m) this year.

The company said the revised losses are based on poor performance, caused by slower than expected audience gain, agency negotiations and issues with the station's listing in electronic programme guides.

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