This. Didn't we already have a "localized" news wheel diginet? Granted, TouchVision was misguided to target "millennials", but still...
This seems like an interesting idea, but I'm a bit confused who the market is for carrying this network. Diginets like WeatherNation "work" because it's able to be localized without needing any additional staff. Like the products sold in diginet infomercials, it's very much "SET IT and FORGET IT!" The core of the LNN concept seems to be operating a local news department, which most diginet-happy stations don't have the budget for. I can't imagine many existing news-producing stations buying into this format when there are dozens of other diginets out there with stronger programming. I don't see the generic "regional" headlines in place of local news being much of a draw for viewers.
MI News 26 and NewsChannel Nebraska are two unique operations, too, so I'm not sure why they're being compared and brought up. NCN is NOT a full time "news wheel" and heavily focuses on local sports, which is apparently working out well enough for them that they can now buy brand new production trucks to produce these broadcasts.
Also, I have a hunch the "affiliates" already signed onto this are NCN and a certain independent station in Wichita that already has about 16 subs on it.
Would I like to see this succeed? Absolutely. I just don't know if it's going to work in this day and age. People already have dwindling trust in the "media" in general, and slapping a generic "local news" channel between the ones airing reruns of I Love Lucy and Laugh In just doesn't seem like a good move.