The regulator OFCOM has awarded a second round of local TV licences - one of which will operate in Cardiff.
Made TV Ltd was chosen over one other bidder to run the service, which the company says will operate from 2013. It has also been awarded the licence to operate in Bristol.
The Cardiff channel will operate under the name 'Made in Cardiff', and will broadcast on digital terrestrial TV.
More top news
It's not too bad out there tonight. A few showers over northern areas, but dry elsewhere with temperatures degrees milder than last night.
Traders across Wales have told ITV News the migrant crisis in Calais is having a 'devastating' impact on their business.
The Balmoral is back but for how long? Volunteers appeal for public support to keep her sailing the Bristol Channel.