Tag Archives: Community Shares

TV channel hits launch funding target

Sheffield Live TV, the local television channel for Sheffield, has achieved its launch fundraising target – with over 100 supporters applying to become “community shareholders”.

Sheffield Community Media Ltd, a new community benefit society which owns Sheffield Live TV, has raised £160,000 through community shares and social investment commitments: nearly £10,000 more than its target.

The crowdfunding initiative to put Sheffield’s local TV channel into community ownership is the first of its kind in the UK media sector enabling Sheffield people, businesses and voluntary organisations to participate as investors in a society to support local community media.

In the last 7 days of fundraising, nearly £20,000 was generated, taking the campaign over the target it needed to achieve by 14 August. Over 100 individuals, businesses and voluntary organisations have each applied for between £100 and £20,000 worth of community shares. The cash will be used to purchase equipment and complete studio facilities for public access and independent production. Sheffield Community Media intends to pay its community shareholders a modest rate of interest.

The new TV channel will broadcast on Freeview Channel 8, Virgin Cable, and the internet. Once on air, from 23 September, it will benefit from revenue via a contract to supply news to the BBC – as well as local and national advertising and sponsorship. The channel will collaborate with existing community radio station, Sheffield Live!, which has been broadcasting via FM for nearly seven years.

Sheffield Live TV will broadcast news about Sheffield alongside programmes covering Sheffield music, sport, culture and much more. It promises unique, high quality content, “Made in Sheffield, Made by you.” A flagship daily news programme will cover Sheffield news in depth while other programmes will cover Sheffield’s “rich, varied, and diverse”  music, events, culture, arts, and sports.

Steve Buckley, the Chair of the new TV channel and a director of Sheffield Community Media, said:

“We are delighted that so many Sheffield people and organisations have shown their support for Sheffield Live TV and community-owned media by applying for community shares. We’d like to thank them for their support and we look forward to their involvement in the channel.  We are in the final phase of our planning to launch Sheffield Live TV which will be locally owned and run for community benefit.  We aim to develop a multimedia news service and to deliver original, locally-made programming, reflecting the interests and talent of Sheffield people and communities.”

Sheffield Community Media Ltd has raised £90,000 in community share applications and pledges from 114 individuals and businesses and a further £70,000 in social investment loans from the Key Fund, a community development finance institution. Sheffield Community Media Ltd is a society for the benefit of the community incorporated under the Industrial and Provident Societies Act 1965. Registered with the Financial Conduct Authority. Registration No: 31727R. Registered address: 15 Paternoster Row, Sheffield, S1 2BX

Sheffielders becoming media owners!

A Sheffield campaign inviting anyone who lives, works, or has interests in Sheffield to own their very own television channel has reached over 90% of its fundraising target with one week left to the closing date.

Sheffield Community Media has now raised £136,050* through its Pioneer and Community Share Offer and in investment commitments.

And excitement is building about the plans, as the launch date for Sheffield Live Television was revealed today.

Sheffield Community Media is in the final leg of fundraising to purchase equipment and finish the studio facilities for public access and independent production.

Once on air, it will benefit from revenue via a contract to supply some news to the BBC – as well as local and national advertising. But it needs to reach its £150,000 target in the next 7 days and is offering Sheffielders a chance to invest and to be involved – and it aspires to pay investors a modest return.

Scores of Sheffield individuals have already become “community share” owners. People like Jodie Marsh, who said:

“I would really like to take shares in this project as I believe it’s a great opportunity for Sheffield, and as someone working on the frontline in Sheffield within the arts and working with young people and educating them in this area, I believe it could be a great opportunity for Sheffield to put even more onto the creative map of the UK.”

And Peter Johnson, who said: “I’m buying shares in Sheffield Community Media because I’ve always been a huge fan of Sheffield Live radio and if the television channel is going to be anything like the output of the radio, it’ll be a great service for Sheffield.”

Plenty of businesses, social enterprises and organisations are involved. Organisations such as MK PR, The Sheffield Window Centre, Heason Events, Wosskow Brown Solicitors, Thornbridge Brewery / The Greystones, Mercury Taxis, The Sheffield College, The Sheffield Chamber of Commerce, and many more have invested, pledged support, and/or booked advertising.

Read about others here.

It’s easy to get involved, as a personal or organisational shareholder, with a minimum commitment of £100 which can be paid in 10 instalments if preferred.

If you love the idea of locally owned media bringing you great local news and programming, then please become a shareholder in Sheffield Community Media Ltd.

Act quickly – the deadline is 14th August.

The “Pioneer and Community Share Offer” prospectus is available at www.sheffieldlive.org/shares

Questions about the Pioneer and Community Share Issue: call 0114 281 4082 or email shares@sheffieldlive.org

*Sheffield Community Media Ltd has to date (7 August) raised £66,050 in community share applications received from Sheffield individuals and businesses and £70,000 in offers of loan finance from social investors. It is a society for the benefit of the community incorporated under the Industrial and Provident Societies Act 1965. Registered with the Financial Conduct Authority. Registration No: 31727R. Registered address: 15 Paternoster Row, Sheffield, S1 2BX

Sheffield Live! TV first screening

1 Comment

Television programmes in production for Sheffield Live! TV were enthusiastically applauded by a public audience including shareholders and supporters at a Showroom Cinema screening last week.

The first Sheffield Live! TV showreel has now been published online to view and comment. Sheffield Live! TV, the digital local TV channel for Sheffield, will launch in autumn on Freeview, Virgin cable and the internet. The showreel provides a taster of the range of content planned for the new channel including music, film, outdoors, sport, comedy and experimental work.

 

Sheffield Live! TV is locally owned and run for community benefit. Sheffielders have been invited to invest in the project to help get it off to a flying start and to join a growing band of community shareholders. The Sheffield Community Media Ltd Pioneer and Community Share Offer is open until 14 August, with full details available online at: www.sheffieldlive.org/shares

Spot the local stars in Sheffield Community Media film

2 Comments

A new short film shows how excited Sheffielders are about the plans to allow people who live, work, or have interests in Sheffield to own their very own television channel.

Figures from notable Sheffield businesses, and from the worlds of music (including one of Sheffield’s home grown music stars – watch the film to find out who), media and education, have joined Sheffielders in welcoming the channel:

As excitement grows (you can read more comments here), so does investment into Sheffield Community Media Ltd, an organisation set up for community benefit which has been established to support community media development in Sheffield, including the new local digital TV channel.

Readers can become a part owner and can invest from £100 to £20,000, payable by instalments if preferred. Sheffield Community Media aims to pay a modest rate of interest after 3 years. Details here.

Community Shares are a form of social investment to raise funds for projects of community benefit. Sheffield Community Media Ltd want Sheffielders to support this groundbreaking project. The “Pioneer and Community Share Offer” is available at www.sheffieldlive.org/shares

Sheffield Community Media Ltd is a society for the benefit of the community incorporated under the Industrial and Provident Societies Act 1965. Registered with the Financial Conduct Authority. Registration No: 31727R. Registered address: 15 Paternoster Row, Sheffield, S1 2BX

We’d like to thank Matthew Neale of The Sheffield College and Norton Creative for editing and directing this film, and College students for capturing footage; Daren Eagles and Sheffield Hallam University students for the introductory ident; Rob Speranza and Sangita Basudev for supplying additional footage; and the featured Sheffield Live show producers, as well as all of the interviewees, for taking part.

Sheffielders buying shares in local media operation

Leave a comment

SCM_ProgressCommitments of over £40,000 have been made to Sheffield Community Media’s Pioneer and Community Share Offer – taking the investment opportunity for anyone who lives, works, or has interests in Sheffield to own their very own television channel over a quarter of the way towards its target.

And excitement is building about the plans – with comments rolling in from more figures in Sheffield’s business, entertainment, media, social enterprise and community sectors.

Peter Johnson commented “I’m buying shares in Sheffield Community Media because I’ve always been a huge fan of sheffield live radio and if the television channel  is going to be anything like the output of the radio, it’ll be a great service for Sheffield.”

Jodie Marshall, Managing Director of A Mind Apart Theatre Company, said “I would really like to take shares in this project as I believe it’s a great opportunity for Sheffield, and as someone working on the frontline in Sheffield within the arts and working with young people and educating them in this area, I believe it could be a great opportunity for Sheffield to put even more onto the creative map of the UK.”

And Joe Elliott, the lead vocalist of Def Leppard and of the Mott the Hoople cover band, Down ‘n’ Outz, said: “Now watch out for Sheffield Live TV – it’s going to be fantastic – especially for music.”

Readers can become a part owner and can invest from £100 to £20,000, payable by instalments if preferred. Sheffield Community Media aims to pay a modest rate of interest after 3 years. Details here.

Sheffield Community Media Ltd, an organisation set up for community benefit, has been established to support community media development in Sheffield, including the new local digital TV channel that will be launched on Freeview, cable and the internet in 2014.

In May 2012, Ofcom, the communications regulator, advertised local digital TV licences for Sheffield and 20 other ‘pioneer locations’. Sheffield Local Television Ltd, wholly owned by Sheffield Community Media Ltd, was the winning applicant for the Sheffield local TV service.

Launching in 2014, the new television channel Sheffield Live TV will cover Sheffield news; events; music; sports and culture. It will reflect the interests of Sheffield people and communities – and provide a platform for local talent and opportunities for local businesses.

It will be Sheffield’s first digital local TV channel, broadcasting on Freeview channel 8, cable and the internet.

And it will be part of a new cross-platform media partnership – radio, TV, web and mobile – working with existing community radio station Sheffield Live 93.2 FM and a new web and mobile Sheffield news service.

Community Shares are a form of social investment to raise funds for projects of community benefit.

Sheffield Community Media Ltd want Sheffielders to support this groundbreaking project. Their “Pioneer and Community Share Offer” is available at www.sheffieldlive.org/shares

Other figures have already provided their support:

Jill Davies, chief executive of Westfield Health, said “I think it’s a fantastic opportunity that we’re going to get our own local TV in Sheffield. It’ll enable us to keep our fingers on the pulse of all those local important issues.”

Ed Cosens of Sheffield band Reverend and the Makers commented “Sheffield Local Television is an amazing opportunity for the people of Sheffield to do what Sheffield does best – be creative and get inspired. Musically it’s going to be amazing, you’ve got loads of great music programmes on there so I’m excited about that.”

Heather MacDonald, chief executive of The Sheffield College, said “It’s brilliant for Sheffield College and it’s brilliant for Sheffield City.”

Dermot Griffiths of Mercury Taxis said “I’m really looking forward to the launch of Sheffield Live TV….this will be a perfect platform to showcase all the great things about Sheffield.”

Jay Bhayani of Bhayani Bracewell commented “I’m really excited about the launch of Sheffield Live TV. It’s a fantastic way for us to showcase the expertise and talent right on our doorstep in Sheffield.”

The Sheffield Community Media Ltd business plan, published at www.sheffieldlive.org/shares sets out the organisation’s proposals for the development of a digital local television channel for Sheffield as part of a cross-platform community media offer.

Richard Motley, chair of Sheffield Community Media Ltd, said:

“Building on Sheffield’s history of culture, creativity and innovation, our goal is to establish a cross-platform community media service that serves the public interest in local news, information, education and entertainment and encourages local talent and creative expression.”

Steve Buckley, chair of Sheffield Local Television Ltd, said:

“We have a sustainable business model that will create jobs and nurture talent. But we need Sheffielders’ support to make Sheffield Live TV happen.

“The Sheffield Community Media shares prospectus – at www.sheffieldlive.org/shares – explains how to get involved in Sheffield Community Media Ltd and what, together, we can achieve. Please join this exciting new media project – the first of its kind.”

ENDS

Media enquiries: Jamie Veitch: 07904 272 200

Questions about the Pioneer and Community Share Issue: call 0114 281 4082 or email shares@sheffieldlive.org

Sheffield Community Media Ltd is a society for the benefit of the community incorporated under the Industrial and Provident Societies Act 1965. Registered with the Financial Conduct Authority. Registration No: 31727R. Registered address: 15 Paternoster Row, Sheffield, S1 2BX

Invest in Sheffield Community Media Ltd

Leave a comment

SCM_CSO_Cover_2Your opportunity to buy Pioneer and Community Shares in Sheffield Community Media Ltd

  • A social investment in community media
  • Become a co-owner of Sheffield Community Media Ltd
  • Invest any amount from £100 to £20,000
  • Option to pay in instalments for those on low income
  • We aim to pay a modest rate of interest after 3 years
  • We aim to allow you to “cash in” your shares after 5 years

Invest in Sheffield Community Media Ltd

Sheffield Community Media Share Offer DocumentTo invest in Sheffield Community Media Ltd you need to apply for Pioneer and/or Community Shares. To do this you need to complete an application form. Before starting your application, please make sure you read the Pioneer and Community Shares Offer Document.

Download and print out an application form

The easiest way to apply for Pioneer and/or Community Shares is to download and complete an application form. There are separate application forms available here for Pioneer and Community Shares and for individual and corporate investors.

Request an application pack

If you would prefer for us to send you an application pack, call us on 0114 281 4082, write to shares@sheffieldlive.org or click on the link below.

Request an application pack

Further information

This is an invitation to invest in Sheffield Community Media Ltd, a Community Benefit Society. Commedia Sheffield (owner and operator of www.sheffieldlive.org and operator of Sheffield Live 93.2fm community radio station) is a partner to Sheffield Community Media.

Sheffielders invited to become media owners of local TV channel

Leave a comment

SCM_CSO_Cover_2People who live, work or have interests in Sheffield have today been invited to become co-owners of an exciting new local media organisation set up to invest in Sheffield’s local digital TV channel and to build a new cross-platform media service for Sheffield.

Sheffield Community Media Ltd, an organisation set up for community benefit, has been established to support community media development in Sheffield, including the new local digital TV channel that will be launched on Freeview, cable and the internet in 2014.

And Sheffield media, music, communications and business figures and the city’s residents are already getting excited about the thrilling plans.

In May 2012, Ofcom, the communications regulator, advertised local digital TV licences for Sheffield and 20 other ‘pioneer locations’. Sheffield Local Television Ltd, wholly owned by Sheffield Community Media Ltd, was the winning applicant for the Sheffield local TV service.

Launching in 2014, the new television channel Sheffield Live TV will cover Sheffield news; events; music; sports and culture. It will reflect the interests of Sheffield people and communities – and provide a platform for local talent and opportunities for local businesses.

It will be Sheffield’s first digital local TV channel, broadcasting on Freeview channel 8, cable and the internet.

And it will be part of a new cross-platform media partnership – radio, TV, web and mobile – working with existing community radio station Sheffield Live 93.2 FM and a new web and mobile Sheffield news service.

Community Shares are a form of social investment to raise funds for projects of community benefit. Sheffield Community Media Ltd want Sheffielders to support this groundbreaking project – and today launched a “Pioneer and Community Share Offer” at www.sheffieldlive.org/shares
Notable figures from Sheffield’s business, media, music, communications and community sectors have already given their support to Sheffield Community Media’s plans.

Jill Davies, chief executive of Westfield Health, said “I think it’s a fantastic opportunity that we’re going to get our own local TV in Sheffield. It’ll enable us to keep our fingers on the pulse of all those local important issues.”

Ed Cosens of Sheffield band Reverend and the Makers commented “Sheffield Local Television is an amazing opportunity for the people of Sheffield to do what Sheffield does best – be creative and get inspired. Musically it’s going to be amazing, you’ve got loads of great music programmes on there so I’m excited about that.”

Heather MacDonald, chief executive of The Sheffield College, said “It’s brilliant for Sheffield College and it’s brilliant for Sheffield City.”

The Sheffield Community Media Ltd business plan, published today at www.sheffieldlive.org/shares sets out the organisation’s proposals for the development of a digital local television channel for Sheffield as part of a cross-platform community media offer.

Richard Motley, chair of Sheffield Community Media Ltd, said:

“Building on Sheffield’s history of culture, creativity and innovation, our goal is to establish a cross-platform community media service that serves the public interest in local news, information, education and entertainment and encourages local talent and creative expression.”

Steve Buckley, chair of Sheffield Local Television Ltd, said:

“We have a sustainable business model that will create jobs and nurture talent. But we need Sheffielders’ support to make Sheffield Live TV happen.

“The Sheffield Community Media shares prospectus – at www.sheffieldlive.org/shares – explains how to get involved in Sheffield Community Media Ltd and what, together, we can achieve. Please join this exciting new media project – the first of its kind.”

ENDS

Media enquiries: Jamie Veitch: 07904 272 200

Questions about the Pioneer and Community Share Issue: call 0114 281 4082 or email shares@sheffieldlive.org

Sheffield Community Media Ltd is a society for the benefit of the community incorporated under the Industrial and Provident Societies Act 1965. Registered with the Financial Conduct Authority. Registration No: 31727R. Registered address: 15 Paternoster Row, Sheffield, S1 2BX