CNN Checkout Channel 1993, Turner announced the discontinuation of the CNN Checkout Channel, taking a $16 million write down. Turner cited difficulties in making the service profitable as justification for the shutdown. A further expansion, which would have added "several thousand" locations to the network at a cost of $35 million, was aborted by the shutdown. Stores that wished to keep the televisions were offered a feed of CNN Headline News as a replacement. CNN Checkout Channel CNN Checkout Channel was a satellite television network operated by ActMedia and Turner Broadcasting System through its CNN and Turner Private Networks subsidiaries. The network was
Headline Daily Headline Daily Headline Daily () was launched on 12 July 2005, by Sing Tao Newspaper Group Limited and became the second free Chinese newspaper published officially in Hong Kong ("Metro Daily" being the first). The paper is only distributed on weekdays and is aimed at the working class. The estimated average daily circulation of the paper is around 900,000-1,000,000. The paper provides local and international news as well as articles on business news, entertainment, lifestyle and sports. The newspaper was launched as the Chairman of Sing Tao News Corporation, Charles Ho Tsu Kwok (), felt there was room for the