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BCI renews TV3's contract for 10 years

The Broadcasting Commission of Ireland has signed a deal with TV3 for the renewal of its television programme service contract for the next ten years.

The new contract will run until September 2018 with a further five year renewal option, subject to certain conditions, at that point.

TV3 is owned by private equity firm Doughty Hanson, which initially backed TV3's management in a €265m buy-out from CanWest, ITV and a consortium of private investors in 2006.