NBC) who have closed bureaus and laid off employees during the early 1990s.
However, CNN's success has not gone unnoticed by other companies, and there is considerable pressure to join the all news market segment. NBC, which already has a financial news network (CNBC), has announced plans for an all-news network that could begin broadcasting as early as 1996. The Dow Jones Company, which owns the Wall Street Journal, has also expressed interest in a financial news network which would include sports coverage. Initially targeting local areas, long-term plans for the Dow Jones station include nationwide distribution.
As CNN discovered, a 24-hour news station demands international coverage of events. Hence it i
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