MTV3 is a Finnish commercial television channel owned and operated by the media company MTV Oy, originally launched in 13 August 1957 as a programming block, becoming its own channel on 1 January 1993. It had the biggest audience share of all Finnish TV channels until Yle TV1 took the lead. MTV actually stands for Mainos-TV, due to the channel carrying advertising for revenue. Number 3 was added later, when the channel was allocated the third nationwide television channel and it generally became known as "Channel Three"—Finnish Broadcasting Company's Yle TV1 and Yle TV2 being the first two—and also to distinguish it from the later MTV Finland, which is a Finnish version of Paramount's MTV channel. From 1957 until 2001, the channel's logo was a stylised owl, changed to an owl's eye after an image renewal in 2001, which was then used until 2013. MTV3 has about 500 employees. It is also known as Maikkari. From 1986 to 1993, Kolmoskanava was a precursor to MTV3. It was shut down at midnight on December 31, and MTV3 immediately started broadcasting.