Cable, DBS Find Wealth

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Herring Broadcasting Inc. will launch its Wealth TV network June 1 over PanAmSat Corp.’s "Galaxy 13" satellite, PanAmSat announced Monday.

Wealth TV is a lifestyles and entertainment network that provides a behind-the-scenes look at how the wealthy achieved and enjoy their success.

Galaxy 13 is the home of the industry's first HDTV neighborhood, which features services such as Cinemax HD, Home Box Office HDTV, HDNet, Starz! HD and Turner Network Television HD.

"Our agreement with PanAmSat demonstrates our commitment to high-definition programming and maximizes the ease for cable companies and DBS [direct-broadcast satellite] providers to carry Wealth TV," Herring Broadcasting president Robert Herring Sr. said in a prepared statement.