UTV Media to relaunch Sport magazine

UTV Media, owner of Talksport, has confirmed that it is poised to acquire the free weekly magazine Sport.

The title suspended publication in early April, blaming the economic conditions that have seem advertising revenues falter and the collapse of the French holding company.

However, UTV Media believes the magazine will make a good fit with Talksport.

Sport was launched in September 2006 by French company Sport Media and Strategie

At the time it ceased publication managing director Greg Miall said: “Sport was ahead of its business plan last summer, but no-one launches a company with a business plan that includes the worst recession for 80 years. Ours certainly did not and, faced with financial Armageddon, we simply cannot sustain our current operations as an independent company. As such we have decided to suspend publication whilst we consider future options for the business.