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As cable operators angrily watch margins shrink and subscriber fees rise, independent networks are trying to wedge themselves into the gap—and nowhere is the field of hopefuls more crowded than in cable news.
A news channel isn’t a cheap or easy proposition even under the best of circumstances, but three outlets seeking distribution have the dual advantage of underrepresented ideologies and very deep pockets.
First, there’s CCTV, an American version of China’s national news network, backed by the Chinese government.
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