CBS to launch 24-hour Internet news network

CBS News today announced plans to create a 24-hour on-demand Internet news network that bypasses cable television and could transform one of the oldest US broadcast news operations. The move aims to transform CBS News into a "multiplatform" news operation that would be available to Internet users worldwide, with news and many other features available on demand.

"CBS News will move from a primarily television and radio news-based operation to a 24-hour, on-demand news service, available across many platforms," said a statement from CBS, which is a unit of media giant Viacom but is in the process of being spun off in a division of the company.

"This major expansion of CBSNews.com is designed to capture an audience that is increasingly looking for news and information at all times of the day, not just during scheduled periods, and using the Internet for that purpose," said Larry Kramer, president of CBS Digital Media.

Source: Radio Netherlands

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