CNN/Sports Illustrated will go off the air on May 15. Corporate parent AOL Time Warner is going through with its plans laid out in January when the company said it would scrap the sports channel,
which has not turned a profit in its five years. About one-third of CNN/SI's 200 employees will keep their jobs and be transferred to CNN or CNN Headline News, the network said. The parent company is
negotiating with the NBA to develop a new network that would focus on sports events rather than sports news. AOL Time Warner is aiming for a launch in the fall.
