A round-up of the week’s stories and observations.
- SUN 5TH JAN (5PM)
Local TV Ltd set to take on London licence
Sunday 5th January
5pm Local TV Ltd set to take on London licence
Local TV Ltd – majority owned by the media entrepreneur David Montgomery – is close to confirming the purchase of the licence to operate the local TV service in London from Lord Lebedev, Sky News reports.
Lord Lebedev, owner of the London Standard, confirmed last month that he was looking at a possible sale of the London Live station, which has reportedly lost £20m since its launch in 2014.
EXTERNAL LINK: Montgomery-backed Local TV swoops on Lebedev’s London Live licence.
RELATED ARTICLE: Timeline: 2025 Week 2.
Acknowledgements
FEATURE IMAGE:
PICTURED: London Live logo. COPYRIGHT: Lebedev Holdings Limited.