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Read this: Billionaire Lebedev Wins License to Start New London TV Station - Bloomberg

Summary: London Live TV beat four other applicants for the right to a 12-year license to broadcast to an estimated 4 million homes, U.K. communications regulator Ofcom said in a statement today. Lebedevs free-to-air channel won against bids by former mayoral candidate Steven Norris and former Channel 4 Chairman Luke Johnson. London is one of 21 U.K. markets where Ofcom is adding local TV stations. - bloomberg.com

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Billionaire Lebedev Wins License to Star…



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