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Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
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Yes, it’s a private cable news and entertainment network in the states.
The US version is one of the big 3 broadcast channels transmitting since the mid 1900s, though it's now also on cable:
https://en.m.wikipedia.org/wiki/American_Broadcasting_Company
It looks like the Australian one was around first. https://en.wikipedia.org/wiki/Australian_Broadcasting_Corporation
Broadcast not cable, and owned by Disney.