company, saying that they were looking to expand the City Channel format to Central and Eastern Europe. In January 2010 it was announced that City Channel received €400,000 from its investors. The investment will be used to provide security for any difficult trading that may occur during 2010 for the channel, for a new joint venture with a UK partner and to help their fledgling production company city productions, which currently produces Xccelerate for 3e. It is hoped that such productions can be repeated on City Channel. Like the other Irish channels launched between 2005 and 2008, it has been through a "major trauma", Setanta Ireland having closed their UK channels, Channel 6 and Bubble Hits closing down. In August 2011, City Channel announced they were in financial difficulties and were to begin to look to restructure their business. In September 2011, it was announced that City Channel will close. Towards the end David Harvey owned 45%, while 35% was owned by Liberty Global owners of UPC Ireland. The channel had hoped to be in the Black by 2008, however the economic climate in Ireland caused problems for the channel since 2009 with advertising sales plummeting by 50%. UPC will continue to broadcast the channel until its closure, and hopes to find a replacement for subscribers. The channel ceased all operations on 13 March 2012, when the channel was replaced by RTÉ One +1 on the UPC Ireland EPG. Stations City Channel Dublin City Channel Dublin was the first service to be launched, beginning broadcasting in October 2005. The station carried Dublin-specific programmes such as hourly news bulletins between 16:00 and 22:00 and a number of magazine programmes, in addition to what was available on the other channels. City Channel Galway City Channel Galway launched in March 2006 after the initial success of the Dublin station. For the most part, the station broadcast the same programmes, with the exception of hourly news bulletins between 18:00 and 20:00, which focused on Galway City and County, and a number of magazine shows. Channel South City Channel Waterford launched in March 2006 as well, but was expanded and renamed in November 2008 as Channel South, and was available in several counties: Clare, Cork, Kerry, Limerick, Tipperary and Waterford. The station shared a large amount of programming with City Channel, but also produced a number of its own programmes focusing on the south of