[cma-l] DCMS measures to 'boost local media'

[CMA-L]

Jeremy Hunt sets out plans to ensure a vibrant local media market in the future.

"The Government believes in localism and the enormous benefits of
fostering local cultural, economic and political identities," said Mr
Hunt, Secretary of State for Culture, Olympics, Media and Sport,

The plans he set out involve:

    * reforming local cross-media ownership rules and asking Ofcom to
look at the case for removing all cross-media ownership rules at a
local level
    * options for supporting new local TV stations in towns and cities

"We are driving forward greater transparency at all levels of public
life – and the challenge and scrutiny of local journalists is vital to
that," added Mr Hunt. "I want a modern regulatory environment which
will help nurture a new generation of hungry, ambitious and profitable
local media companies."

Mr Hunt has appointed Nicholas Shott, Head of UK Investment Banking at
Lazard, to conduct an independent commercial assessment of local TV
over the summer. Following this assessment, DCMS will set out a local
media action plan due to be published in the autumn.

He also announced that the Government will not be going ahead with
pilots for Independently Funded News Consortia. Funding for the pilots
will now be used to support the roll-out of superfast broadband.

http://www.culture.gov.uk/news/news_stories/7135.aspx

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