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| | Playback - Articles - CBC sells Newsworld Int'l, Trio |
 | | The cbc and partner Power Broadcasting have sold their two u.s.-based cable television channels - trio and Newsworld International - to USA Cable for a combined sum of $155 million - $75 million of which goes to the cbc, which is in the process of planning mass regional cuts on account of budget restraints. |
 | | Launched in 1994, the two channels, which over the last six years collectively garnered 11.7 million satellite and cable subscribers, were equally owned and managed by the cbc and Power Broadcasting, a subsidiary of Power Corporation of Canada. |
 | | As part of the deal, cbc has signed a long-term, program-supply agreement with USA Cable, a division of USA Networks, to continue as the content provider for nwi, one of the only 24-hour news networks dedicated to global news in the u.s. |
| www.playbackmag.com /articles/magazine/20000529/29277.html (353 words) |
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