NBC will close Canal De Noticias

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MIAMI -- NBC will pull the plug on its Latin American Spanish-language news service, Canal de Noticias, in the second quarter of 1997. There is an oversupply of pan-Latin American TV channels, especially covering news, an area where there is also strong local competition. In addition to poor performance, Canal de Noticias was a victim of changing strategy at NBC, which plans to focus on making CNBC, MSNBC and NBC global brands.

Copyright January 1997, Crain Communications Inc.

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