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Read this: Two cheers for Jeremy Hunts plan for ultra-local TV services | Markets Analysis
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Summary: In signalling his intention to sweep away cross-media ownership rules he hopes that the absence of restrictions will lead in turn to investment in local TV. Surely the capital is crying out for similar screen-based coverage of news, weather and traffic reports. English attempted to emulate NY1, adopting its main news-gathering operation, which involved a battalion of young video journalists running around London streets and in the days before digital transmission returning as fast a possible to base to edit and transmit their stories. - thisislondon.co.uk
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