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Diginet Race Resembles Cable -- Circa 1981

Kim McAvoy surveys 23 "diginets," those new program providers vying for carriage on broadcast stations' digital subchannels. She finds that, much like the cable world 30 years ago, there's largely an array of low-cost networks, many relying heavily on movies and reruns.

Some highlights: This TV, a joint venture of MGM Entertainment and Weigel Broadcasting, is the largest diginet. It launched in 2008 and reaches 85.6% of U.S. TV homes.

ABC says its Live Well Network, full of original lifestyle shows, has been in the black since its 2009 launch. CBS is expected to enter the field soon.

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