Shadow culture minister Jeremy Hunt has promised a revolution in local media by sweeping away competition rules to give publishers like Trinity Mirror cross-media monopolies in the territories they cover.
In an interview for The Independent media section he says: “What we are proposing is a revolution in local media that would get rid of the cross media ownership rules at a local level and that would mean that if you are [Trinity Mirror chief executive] Sly Bailey you can say that I own the Liverpool Echo, I have got Liverpool.com, I’ve got Liverpool FM and I’ve got Liverpool TV, so if you want to reach people in Liverpool there’s no better way. I think that would be a very compelling offer for advertisers.”
The Labour Government has said it proposes spending the £130m of BBC licence fee currently allocated towards digital switch-over on subsidising independent broadcast news consortia.
But the Tories have said they favour a market-led solution and would scrap the consortia plan (the first three pilot broadcast news consortian licences are due to be awarded in May).
They have said they would rather use the BBC’s £130m to subsidise more “super-fast broadband”.