what do I need to create a small local London commercial tv chanel ?

Answer 1

Blimey.

A broadcasting licence, a studio, staff, advertisers, programs to show, and something to broadcast on! Obviously you couldnt jsut set up and start broadcasting over the airwaves so you would have to get a distribution deal with a satellite channel and pay them as your "carrier".

DId i mention cash? This won't come cheap!