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
History of CNN (1980–2003) Checkout Channel, a customized channel made available to grocery stores which shut down in 1993. 1996 saw the debuts of two specialty news channels: CNNSI, a sports news channel created in partnership with co-owned magazine "Sports Illustrated", and CNNfn, a business news channel created as a competitor to CNBC (CNNSI shut down in 2002, while CNNfn shut down in December 2004; CNN continues to maintain a partnership with "Sports Illustrated" through CNNSI.com). CNN launched its website, CNN.com (initially an experiment known as "CNN Interactive"), on August 30, 1995, which grew to become one of the most popular news websites in