Britain’s first not-for-profit local TV closes
Friday, May 25th, 2007

The UK’s first not-for-profit local television station, Solent TV, has ceased trading because it’s insolvent. The channel, which had been broadcasting to the Isle of Wight since 2002, started broadcasting nationally on satellite in January this year. But, says the station on its website, financial problems four months later mean company directors decided to shut down the station despite talks with potential investors. Solent TV’s sister organisations, Island Volunteers, Community Solutions and DV Media, have also ceased to trade. All employees have been made redundant. The final edition of Solent TV’s news programme ‘Solent Tonight’ was broadcast yesterday.

(Source: Solent TV)