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Read this: London Live makes £12m loss

Summary: quotWe launched a quality channel after building the complete broadcasting chain from scratch and our agile approach during our first year has seen us evolve the channel, focusing investment on the most popular programming and ensuring a financially sustainable cost base for the business,quot said Tim Kirkman, chief operating officer at London Live. London Live said its May audience figures put it quotMarginally behindquot Sky 1, but in London attracted more viewers than channels including 5USA, UKTV's Watch, Sky News, ITVBe and Comedy Central. - link

London Live makes £12m loss…

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