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In February this year, SMG broke off merger talks with Ulster TV (UTV), operator of TalkSport.
BBC: SMG had already warned profits would be lower
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Scott Taunton, the managing director of Talksport's parent company UTV Media, said he welcomed the judgement.
BBC: Trust criticises BBC's FA Cup bid
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Unlike the UTV programme, the BBC debate enabled voters to ask the politicians questions.
BBC: NI election Leaders Debate: last word from party heads
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Younger sibling Anil has a stake in business channel Bloomberg UTV through Reliance Capital.
FORBES: Indian Billionaire Battle Exposes Nexus Between Business And Media
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Mr Nesbitt is former UTV news television presenter who joined the UUP in 2010.
BBC: John McCallister
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The process of merging the two corporate cultures was troubled at the start, a UTV manager says.
CNN: SURVIVING THE DEAL
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The first showing of the extended edit is on Monday 11 October at 2115 BST during Whitechapel on UTV.
BBC: NI's latest safety ad targets psychology of song
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Last week's UTV debate played, predictably, into the hands of Messrs Robinson and McGuinness who came across as the more substantial figures.
BBC: NI Assembly election campaigning - state of play so far
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The Channel 3 licences are held by ITV in England, Wales and the Channel Islands, STV in Scotland and UTV in Northern Ireland.
BBC: Channels 3 and 5 licences renewed
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To mark the end of the old transmission technology and the dawn of the fully digital TV era, BBC One Northern Ireland and UTV are jointly broadcasting a live TV programme on Tuesday night.
BBC: Digital Switchover
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Alliance politicians say UTV initially told them they wouldn't be included but changed their minds after hearing the BBC would have Mr Ford in their line up on Tuesday May 3rd, two days before polling day.
BBC: NI Assembly election campaigning - state of play so far
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Mr Ford handled his party's support for water charges more smoothly than during UTV's debate with his assertion that the others would soon be making so many U-turns it would be dangerous to cross the road.
BBC: NI election Leaders Debate: last word from party heads