Canadian-controlled TV3 to be Ireland's first private national tv network

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WINNIPEG, Manitoba -- Ireland's first private national television network, TV3, plans to launch next fall.

Canadian-controlled TV3 Television Network (Ireland) has signed a broad- casting contract with the country's Independent Radio and Television Commission, paving the way for TV3's launch in late 1998.

Canadian broadcaster CanWest Global Communications Corp. of Winnipeg has a 45% interest in the network, making it the largest single shareholder.

Dublin-based TV3 "has now become a reality," says Peter Viner, president and CEO of CanWest, which owns the Global television network in Canada as well as interests in Australia's Network TEN and New Zealand's TV3 and TV4.

A fifth of the Irish network is owned together by production company Windmill Lane Pictures, Paul McGuinness and Ossie Kilkenny, the latter two being the manager and financial advisor for world-famous Irish pop group U2.

To meet Irish broadcasting regulations, CanWest will place TV3's remaining 35% interest with private parties.

Copyright November 1997, Crain Communications Inc.

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