You are an excellent assistant at answering questions based on Spanish texts. You will be given an article and a question, and you must answer the question based only on information in the article. The response should be extracted from the context verbatim.

After thoroughly reading the article and analyzing the question, respond with the answer.

Title:
American_Broadcasting_Company

Context:
In order to compete with CNN, ABC proposed a 24-hour news channel called ABC Cable News, with plans to launch the network in 1995; however, the plan would ultimately be shelved by company management. ABC would reattempt such a concept in July 2004 with the launch of ABC News Now, a 24-hour news channel distributed for viewing on the Internet and mobile phones. On August 29, 1994, ABC purchased Flint, Michigan affiliate WJRT-TV and WTVG in Toledo, Ohio (which was previously affiliated with ABC from 1958 to 1970) from SJL Broadcast Management, with the latter switching to ABC once its contract with NBC expired two months after the purchase was finalized in early 1995. Both stations were acquired as a contingency plan in the event that CBS reached an affiliation deal with WXYZ-TV (to replace WJBK, which switched to Fox as a result of that network's group affiliation agreement with New World Communications) in order to allow the network to retain some over-the-air presence in the Detroit market (the E.W. Scripps Company and ABC would reach a group affiliation deal that renewed affiliation agreements with WXYZ and WEWS, and switch four other stations, including two whose Fox affiliations were displaced by the New World deal, with the network).

Question:
What channel did ABC proposed to compete with cable news company CNN?

ABC Cable News