Latin American channels closed

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[miami] The Weather Channel Cos., part of Landmark Communications, is closing its two Latin American channels, El Canal del Tiempo and O Canal do Tempo, on Dec. 20 after six years. Eduardo Ruiz, president of The Weather Channel Latin America, said that the business climate in Latin America has deteriorated and that it wasn't possible "to generate sufficient subscriber fees or to acquire the necessary advertising needed to reach the point of profitability." The Weather Channel once aimed to become a global weather channel, but soon closed several joint ventures in Europe and didn't pursue plans to enter Asia, leaving only Latin America. Weather Channel President Bill Burke said the company is considering a Weather Channel en Espanol for the U.S. Hispanic market and will continue foreign-language Web sites for Latin America and Europe. He said there should be fewer than 50 job losses as some staffers could move to other jobs in the company.
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