DUBLIN: UTV Media has said it expects its Republic of Ireland TV business to lose £13m this year.
UTV Ireland was launched in January and the company initially expected it to lose £3m in its first year.
But the station has struggled to find an audience and losses have spiralled.
In October, UTV agreed to sell all of its television assets to ITV for £100m.
In an update on Friday, UTV said the “uncertainty” created by speculation in the run up to the deal had “a negative impact” on UTV Ireland.
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