The Cable news world , could be growing . The Wall Street Journal is reporting that Walt Disney (ABCNEWS Parent) and Univision Communuications are in talks to launch an English language news network and could be launched before the elections.
from WSJ:
The new channel would plunge Disney’s ABC News more directly into the fractious cable-news wars, competing alongside Time Warner Inc’s CNN, News Corp.’s Fox News and Comcast Corp.’s MSNBC. And it would mark a big strategic shift for Univision, which since its beginnings five decades ago has been defined by its Spanish broadcasts, but which will now compete for English speakers.ABC and Univision have not commented on this as of yet. But it does make for a good idea. ABC did have plans to launch a news channel in 1996 but changed minds. ABC currently has a news channel ABC NEWSNOW , it's not very main stream , really only available on Verizon Fios and online from some cable companies and on some mobile phones. It's mostly taped programmed and lifestyle shows.
well update you as we can.
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