Channel 6 bidders explain why Local TV will work

Bidding begins for licence to run new UK Local TV network

Two of the companies bidding to run the UK's proposed new Local TV network have told Press Gazette why they think culture secretary Jeremy Hunt's much-criticised plan will work.

Today is the closing date for expressions of interest from companies wishing to run a new network channel bringing together various Local TV services.

The competition for various Local TV franchises will take place from June 2011 with the first licences awarded in summer 2012.

The exact regulation and funding regime for Local TV has yet to be decided but public announcements so far indicate that it will receive £25m start-up funding and then £5m a year taken from the BBC Licence Fee.

Read more at Press Gazette.