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It was agreed that 49% of the company would be sold to UTV, to raise much-needed cash for investment in facilities.By 1995, UTV decided not to partner up with Tullamore Beta and instead focused on its own channels being made available through digital television providers in Ireland.
In 1990 following an invitation by the IRTC to seek interests from independent broadcasters, a consortium (Tullamore Beta Ltd) came together to launch the Republic of Ireland's first independent channel and third terrestrial channel.
In September 2000, Granada Media plc (a predecessor company of ITV plc which then owned six ITV franchises) agreed to acquire 45% of the company from the original TV3 consortium.
This was part of a deal which gave TV3 the right to simulcast with ITV certain Granada programming.
"TV3 has transformed itself into a quality Irish broadcaster of scale and the addition of a star like Al further underlines our ambition.
Blind Date is just one of many exciting programme announcements to come, so it’s shaping up to be a big Autumn ahead on TV3!The consortium Tullamore Beta and Canwest launched TV3 on 20 September 1998.