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MBC to launch news net

African-American programmer Major Broadcasting Cable Network plans to launch a news
network for its viewers later this year.

MBC said the channel will report social, political and economic news from
the African-American perspective.

The news channel is slated for a fourth-quarter debut.

To gear up, MBC plans to add a newscast to its entertainment service in

Five-year-old MBC reaches counts 24 million subscribers.

Its principal investors include attorney Willie E. Gary, former heavyweight
boxing champion Evander Holyfield, former pro baseball player Cecil G. Fielder, former
Jackson 5 singer Marlon Jackson and broadcast veteran Alvin