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Old 02-04-2014, 12:15   #1857
1andrew1
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Re: Coming soon to Virgin TV 2014

Quote:
Originally Posted by Hugh View Post
Erm, it's owned and funded by the Lebdevevs, the family that own the Evening Standard......

http://www.theguardian.com/media/201...aunch-31-march
That's not the full picture though.

Besides the costs of licensing the local TV channels, there is some funding from the licence fee, as detailed below. Were they also given a low Freeview channel (8) as well?

"Separately on Thursday, the BBC Trust published details of how it plans to allocate up to £25m in licence fee money to help the local TV multiplex licensee to fund its capital start-up costs, including transmitters and other equipment, between 2013 and 2017.

The BBC said the local TV multiplex licencee was "of course free to consider whether they could fund their plans independently of the BBC funding".

Another £5m of licence fee money will be allocated annually over three years from 2014 for the BBC to buy content from local TV service operators, provided it is "suitable for inclusion in a UK public service (i.e. a BBC service) and the price represents value for money""

http://www.theguardian.com/media/201...al-tv-services

I think it's an interesting experiment and I think it could work in a few of the larger cities.
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