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Monday 16 October 2017

Setanta TV cuts losses down

A Luxembourg unit of Irish sports broadcaster Setanta cut its losses to €223,628 in 2012 from €741,409 a year earlier despite its revenue declining, accounts show.

The accounts for Setanta Sports Hibernia show that its net revenue, including subscribers, fell 15pc to €8.4m from €9.9m in 2011.

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