UTV want to provide regional news services in Wales
Northern Ireland's largest independent television company has launched a joint bid for the rights to run a news pilot project in Wales.
UTV has entered its proposals with Welsh newspaper publisher, NWN Media.
In November, the government announced its plan to trial three Independently Funded News Consortia (IFNCs).
It said the schemes in Wales, Scotland and the Tyne Tees and Border TV regions could be possible replacements for regional ITV news services.
ITV has said the future of its regional news services is in jeopardy because it is too expensive to maintain.
The government expects all three pilots to be up and running later in 2010.
UTV and NWN has said it will create a cross-platform news service, branded as WALES LIVE, delivering content for television, radio, newspaper and online services.
UTV's sister company, UTV Media (GB), already owns and operates two radio stations in the Swansea area.
NWN Media newspapers portfolio includes the three editions of The Leader circulating in Wrexham, Flintshire and Chester and weekly papers across North Wales, Mid Wales, Cheshire and Shropshire.