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. “The 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. “This 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.” - broadcastnow.co.uk
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