The US has this and it seems to work well over there. The public are being offered to buy and shape a UK TV channel as part of a crowdsource share scheme to create the first ever “channel owned by the people for the people. The Community Channel, currently run by the Media Trust is trying to raise £300,000 by offering tiers of membership through the crowdfunding platform in the hopes of becoming a community society owned by the backers of the Community channel.
The channel founder Caroline Deihl commented: “What’s amazing is that it costs us less than £800,000 a year. It’s less than 10p per viewer a year, which is pretty good going. But we know our impact could be so much bigger if we had enough funds”.