The business news channel planned by Rupert Murdoch's News Corporation has moved a step closer to reality, cutting a deal to be carried by Comcast, the nation's largest cable operator.
But while Comcast has agreed to carry the channel for digital subscribers, a final decision on whether to start the channel has still not been made. The new network would be spun off from the Fox News
Channel. Comcast's 12 million digital subscribers would get the channel as part of their service. Those subscribers--combined with the 15.5 million subscribers to DirecTV, also controlled by News
Corporation--give the channel an initial platform of as many as 27.5 million subscribers. At the company's annual meeting last month, Murdoch said the new channel would "definitely" begin in 2007.
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