David McRedmond to leave TV3 as Virgin sale closes
Longtime TV3 chief executive David McRedmond is to leave the broadcaster.
Mr McRedmond, inset, will exit by the end of the year after Virgin Media completed its takeover of the independent broadcaster. "We're delighted to welcome TV3 to the Virgin Media family," said Virgin Media Ireland chief executive Tony Hanway. "While I am sorry to lose David from TV3 he leaves with our best wishes. Under his leadership TV3 has transformed the Irish broadcasting landscape, introducing real competition, innovating with high quality Irish programming and delivering profitable growth.
"David has built a first-class team in TV3 and I look forward to working with them for the next phase of growth for TV3 and Virgin Media."
Mr McRedmond said: "TV3 has consistently punched above its weight to compete in the Irish market and with the backing of the world's largest international cable company, TV3 can now achieve its full potential."