Makes sense. The entire local TV model is commercially unsustainable. The local radio industry has collapsed in recent years with stations closing, being merged with neighbours or in many cases being turned into semi-national networks.
The local TV stations may start off with lofty ambitions, but commercial reality will soon hit. Even a city like Manchester couldn't sustain Channel M, and the station on the Isle of Wight spent most of its time playing imported kids shows or terrible prints of 1930's movies.
If the Beeb can somehow get involved and use the resources at it's local radio stations to provide news and even facilities then it might stand a chance of working.
Of course Jezza "bullet-proof" Hunt hates the BBC with a passion so it won't happen. He'll hand it out to his local newspaper buddies and the entire thing will collapse into a national "Heart" sty;e network within 5 years.