The Digital Broadcasting Corporation, one of Hong Kong’s three digital audio broadcasters, has announced that its 24-hour news channel will be terminated as of mid-November. The company recently laid off 30 of its news staff. The channel, which was founded in 2008 and is entirely owned by Bill Wong Cho-bau, a member of the National Committee of the CPPCC, is said to have been affected by the lack of development of Hong Kong’s digital broadcasting infrastructure and a lack of financial support. The Communications Authority has said that according to its license, the broadcaster is required to provide two news or finance channels, and the authority has yet to receive a formal application for a new one. Our Take: Just what we need: fewer sources of information.