Government plans to create a network of independent local TV stations have been dealt another blow after it emerged Russian oligarch Evgeny Lebedev was in talks to sell the London Live channel.
London Live, the capital’s local TV station owned by the Lebedev family, made an operating loss in its first year of operation.
It seems somewhat curious that a broadcast might have to approach the regulator to reduce the number of repeating showings in its schedule, but London Live has done just that.
Ofcom has told London Live that it must keep to its programming commitments.
Just months after its launch local TV station London Live has applied to Ofcom to scale back the amount of local content broadcast.
London Live will today attempt to succeed where others before it have failed, when it becomes the third of the new wave of local TV stations to launch in the UK, after Grimsby and Norwich.