Irish channel Tara to shutter

Service $20 million in debt

LONDON — Tara TV, the niche cable and satellite channel that broadcasts Irish programming in the U.K., is closing down.

The service, a joint venture set up in 1997 between United Pan-Europe Communications (80%) and Irish pubcaster RTE (20%), has accumulated £14 million ($20 million) in debt and is expected to shutter in April.

RTE said it regretted the closure, but that “there was no viable business plan for the future.”

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading