Comux UK has given additional details on its bid for the Muxco licence to supply technical infrastructure to the UK’s proposed network of local TV stations.
Comux, backed by Canis Media, says it has a number of unique advantages because of the non-profit status of the company.
“The combination of Comux UK being owned by its local TV operator customers and its not-for-profit status means that its revenues will be used exclusively for the purposes of operating and promoting local TV,” said Canis Media CEO Ed Hall. “I believe that this is the best way of ensuring the success of the UK’s exciting local TV project as it aligns the interests of Muxco and the local TV operators as well as providing the very best value for money in local TV infrastructure and services.”
Included in the framework are proposals that Comux wil be owned equally by the local television licensees and managed by Canis Media for an initial period of 3 years.
Comux UK will ensure that all profits from the commercialisation of the two national channels that are part of the licence but are not ring-fenced for local TV are used exclusively for operating and promoting local TV.
Comux UK’s technical headquarters and The Local TV Charitable Trust will be based at Birmingham Science Park, Aston.
Hall said regional licence bidders were concerned that a commercial Muxco winner would be tempted to charge commercial rates that would undermine the long term health of the UK’s local TV project.