MyNet Changes Business Model

LOS ANGELES MyNetworkTV no longer is a broadcast network.

Despite double-digit ratings growth this season, the News Corp. venture is cutting back on original programming and will air syndicated content from rival companies.

MyNet will switch to a new model in the fall that includes syndicated content such as a two-hour block of Law & Order: Criminal Intent repeats from NBC Universal. The network also is giving back Saturday nights to affiliates.

“We need to blow up the traditional broadcast model,” MyNet president Greg Meidel said.

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