ABC_304The Hollywood Reporter explores why ABC announced it is shutting down its digital subchannel lifestyle network Live Well.

While VP and director of programming for Katz Media Bill Carroll said “The economics didn’t work,” he also said CBS may have had something to do with the decision which THR reports will lead to a small number of layoffs at ABC owned stations.

Carroll thinks the shut down may also have been influenced by a recent announcement from CBS that it is creating a new digital news network which will likely be carried in the digital space. “They may be reacting to what CBS is doing,” says Carroll, “and not want to be in the lifestyle arena and at a disadvantage when CBS is launching this new news channel.” Read more