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Two new channels expected to emerge from News Corp/Time Warner carriage deal

An expected business news channel moved one step closer to a reality as News Corp. signed a deal with Time Warner (the nations second largest Cable company with about 23 million subscribers) to carry the network when it launches (which is expected to be sometime this year). Comcast (12 million homes) is also signed on with News Corp. for the network.

Time Warner, in the deal, also agreed to carry the Fox Reality Channel when that network launches.

Source:[TV Week]Time Warner, Fox News Ink Carriage Deal