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BUZZ-UTV: Up on talk of shedding TV assets

Reuters - UK Focus

** Northern Ireland broadcaster UTV's shares up 5.7 pct after it said it was in talks to sell its television assets

** Media reports on the weekend said ITV (LSE: ITV.L - news) is expected to snap up the assets

** FTSE 100-listed ITV's shares fell as much as 4.5 pct

** UTV's new Irish TV channel has been performing below par and co expected to book nearly 12 mln pounds in losses

** UTV shares biggest gainer on the FTSE all share media index (abhiram.nandakumar.thomsonreuters.com@reuters.net)