Read this: BBC Trust - Trust approves local services proposals

Summary: In February, following a Public Value Test, the Trust rejected the Executive's plans to provide an on-demand local video news service, concluding that there was inadequate public value generated by the proposal, and that the likely public value did not outweigh potential negative market impact. Unlike the local video proposal, the new plans build upon the BBC's existing linear services, and improve the range and quality of regional television and radio output. After very careful consideration, the Trust is satisfied that the revised plans meet this challenge with minimal impact on commercial providers. - bbc.co.uk