Company type | Joint venture |
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Founded | May 14, 1973 |
Defunct | October 31, 1975 |
Products | Syndicated news and film for television stations |
Owner |
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Television News Inc. (TVN) was an American syndicated news service, providing daily feeds of newsfilm to subscribing television stations in the United States and Canada between 1973 and 1975. Majority-owned by the Coors Brewing Company of Golden, Colorado, TVN was among the first services of its kind to cater to the growing number of independent stations producing newscasts. However, it lost millions of dollars throughout its run, being unable to carry out a proposed shift to satellite distribution that would have made it a pioneer in the field, and it also came under fire for being positioned by owner and financial backer Joseph Coors as a conservative alternative to the three major networks (ABC, CBS, and NBC), whose news output he deemed "liberal". Coors's ownership of TVN and refusal to step down from the post was instrumental in the United States Senate's rejection of his nomination to the board of the Corporation for Public Broadcasting (CPB) in 1975.