] ABC television network, a subsidiary of Walt Disney Co., ] plans to launch a 24-hour news service on Wednesday that ] will be available only to broadband Internet users, the ] Wall Street Journal reported. ] ] ] The newspaper said, according to ABC News officials, the ] new service -- whose launch coincides with escalating ] television-news competition amid the looming Iraq (news - ] web sites) war -- will carry live feeds of breaking news ] with some anchored coverage. ] ] It will also feature news summaries every half hour and ] rebroadcasts. ] ] The online "channel" will initially be available to ] subscribers to the existing ABC News On Demand broadband ] service, which lets users who pay $4.95 a month view ] taped ABC News clips and programs, the Journal said. ABC Starts 24/7 Internet-Based News Channel--WSJ |