Accounts reveal Lebedevs' £2m of loans to launch London Live

New London TV channel London Live spent £1.25m in the first 13 months after ESTV was set up on 6 August 2012.

The Guardian reports on accounts which are complete up to 29 September 2013 and reveal two loans of £1m to the channel from Russian billionaire Alexander Lebedev and his son Evgeny, who runs the family's UK media titles.

London Live secured the London local TV franchise in February 2013 seeing off competition from four other bidders.

The news and entertainment channel, available on Freeview Channel 8, has had a slow start ratings-wise after launching on 31 March.

Launch editorial director of London Live, Stefano Hatfield, told Press Gazette in February that the Lebedev's were commited to spending £15m three years on launching the London TV station.



Press Gazette's weekly email providing strategic insight into the future of the media


2 thoughts on “Accounts reveal Lebedevs' £2m of loans to launch London Live”

  1. Everyone who need a spy to monitor and see everything from his/her partner phone should hire a professional gmail contact for the most effective hack results spymasterpro3x [ATgmaildot] Com who helped with tracking my wife’s phone and also providing me with unrestricted monitoring access to see everything call, sms conversation plus all apps on her phone without been caught. The geek handed me her chat evidences, and also offers other cyber hack services at low charges no disappointments no delay they get your result within 2 hours best hacker no doubt try spymasterpro3x@ [Gmail.]com and thank me later text cell phone + 17173232387
    Whatsapp: +18325343640

Leave a Reply

Your email address will not be published. Required fields are marked *