CNN and AOL Time Warner welcome Sony on their OMD treasure hunt

Las Vegas, Comdex, Tuesday 13th November 2001

AOL Time Warner and Sony Collaborate to Accelerate Next-Generation Online Entertainment and Other Consumer Broadband Experiences AOL Time Warner Inc. and Sony Corporation today announced an agreement to expand their strategic relationship, joining together on a range of initiatives to create a new open broadband home networking environment that will allow for delivery of next-generation online entertainment experiences. The companies will work together to develop easy-to-use home networking technologies that will enable consumers to enjoy a variety on content and services.

The initiatives announced today will combine AOL Time Warner's hallmark ability to deliver the highest degree of convenience and ease-of-use through the online medium with Sony's leadership in consumer electronics. They reflect a common vision of how broadband services and home electronics can empower consumers to enjoy a variety of new network services simply through a wide range of connected home entertainment devices.

To achieve this vision, the two companies have agreed to create the open broadband environment jointly, and to work together on a number of initiatives Steve Case, chairman of AOL Time Warner said "Working together, we can help make the promise of convergence a reality, benefiting consumers and accelerating the growth of our industries"

Kunitake Ando, president and COO of Sony Corporation, said "We are extremely pleased to announce this collaboration with AOL Time Warner Inc to build an open broadband networking environment, which we feel will lead to the faster acceptance of Sony's vision of a Ubiquitous 'Value' Network. We believe this collaboration will offer consumers an enhanced broadband experience and create new business opportunities for the whole industry"

About CNN International:

CNN International (CNNI) is the world's only global, 24-hour news network. CNNI can be seen in more than 151 million television households in 212 countries and territories worldwide. In September 1997, CNNI launched a regionalisation strategy that has led to 5 separately scheduled channels to date: CNN International Europe/Middle East/Africa, CNN International Asia Pacific, CNN International South Asia, CNN International Latin America and CNN International USA.

Question:

How many regionalized channels does CNN International currently have?