UTV’S Latest Digital Media Acquisition is Hot Property
07 Sep 2010 :
Jeremy Biggerstaff & Errol Maxwell Tweet UTV New Media has expanded its digital portfolio by acquiring a major stake in the influential property website, www.PropertyPal.com.The company has bought a 50 per cent share in the portal, which was set up three years ago. PropertyPal.com offers the largest number of NI properties for sale and rent through leading estate agents – and will now be supported by television and radio campaigns on UTV and U105. Errol Maxwell, the founder of the site, will continue as managing director and the website’s eight staff will be based at UTV’s headquarters in Belfast. Jeremy Biggerstaff, managing director of UTV New Media, said of the move: “This is a strategic investment which we believe represents a good fit for our business. It is a move that complements our growing digital suite of 'classified portals', since we have already made significant investments in the car market with UTV Drive, and the recruitment industry with RecruitNI.” PropertyPal.com went live in December 2007 and now has more than 30,000 properties for sale and 3,500 properties to rent in towns and cities across Northern Ireland. The company has experienced significant increase in online traffic since 2008. Free Industry Newsletter Subscribe to IFTN's industry newsletter - it's free and e-mailed directly to your inbox every week. Click here to sign up.	RELATED NEWS Obituary secures first International sales including Netflix 23 Apr 2024  Winners announced for 2023 RTS N.I. Television Awards 06 Jun 2023  Blu Hydrangea to host RTS NI Television Awards in Belfast 31 May 2023  Finalists announced for 2023 RTS N.I. Television Awards 02 May 2023

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