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Read this: Ofcom: very unlikely all local TV channels will succeed

Summary: 15 September, 2014 By Jake Kanter Ofcom has admitted that it is very unlikely that all local television stations will survive after the Birmingham operator went bust last month. In a progress update marking two years since it first started awarding the broadcasting licences, the media regulator said failure will be part of the ecology of local television. β€œThe nature of awarding licences for a new type of service in a competitive media market means that it is very unlikely that all channels will succeed,” Ofcom said. β€œThis is an inherent feature of the nature of awarding a large number of licences for a new service across very different parts of the UK.” -

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