Evgeny Lebedev’s local TV channel forecasts it will double its revenues next year as it ramps up its programming strategyLondon Live,the local TV channel launched by Evgeny Lebedevs media company, has reduced its losses to £6m and is now targeting breakeven in 2017.
The TV commerce, or which has gone through a major restructuring and content strategy shift,is understood to absorb made an operating loss of about £6m in the year to the end of September.
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Source: theguardian.com