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.
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The decision comes after a campaign led by Plaid Cymru and Rhondda Cynon Taf councillor Elyn Stephens to eradicate period poverty.
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