ONE of the co-owners of TV3 has offloaded its entire stake in rival broadcaster Ulster Television.

The owner of ITV franchises Grampian and Scottish Television today said it had done a deal with the newly-merged ITV group to insulate itself against falls in advertising income.

ULSTER TELEVISION saw turnover increase by 14% to £54 million (€79 million) last year. However, profits fell by £0.3 million to £13.6 million as the Belfast-based broadcaster faced higher interest charges and programming costs.

Millionaire ex-DJ Chris Evans is to pay £7m (€9.86m) to the owners of British radio station Virgin Radio following his failed multi-million damages claim against the station, it was announced today.

Chris Evans today shrugged off his failed multi-million pound damages battle against Virgin Radio – defiantly claiming he could “afford to lose” the cash.

CHRIS EVANS was branded a liar and a prima donna yesterday by a High Court judge who threw out his multi-million pound damages claim against the radio station where he was once the owner and star.

BRITISH newspaper group Trinity is gearing up to sell it’s Irish published titles sparking an intense bidding war.

The courtroom battle between Chris Evans and the radio station where he was once the star is to be decided on June 26.

CHRIS EVANS could not accept he was no longer the owner of Virgin Radio but an employee, a station executive who became his boss alleged yesterday.

Chris Evans told the High Court today that he had presented most of his radio shows with a hangover.

A lager-fuelled attack on management by Chris Evans during his breakfast show triggered his break-up with Virgin Radio, it was alleged at the UK High Court today.

THERE was laughter and tears as former DJ Chris Evans admitted in court he was capable of a “bitter and self-centred display of arrogance”.

Former television presenter and DJ Chris Evans was today launching a multi-million UK High Court action against his former bosses, Virgin Radio.

TONY O’REILLY’S Independent News & Media looks to have lost out in a battle for control of the Glasgow Herald.

INDEPENDENT News and Media (INM), owner of the Irish Independent, has made a loss of 2.3 million euro on its share price support buy-back programme of more than 10 million shares, according to analysts.

ITV giants Carlton Communications and Granada were today both linked to possible bids for television franchises Grampian and Scottish TV.

Chris Evans has reportedly lost a third of his £80m fortune during the past year.

Chris Evans looks set to lose out on a multi-million pound windfall after being fired from his starring role at Virgin Radio.

Chris Evans claims he has been banned by Virgin Radio and offered £3m to leave his job for good.