CMG Media Ventures, a Pittsburgh comany, has launched a new local business station on broadcast channel 16.2 (WQEX). The new subchannel will provide business-related programming, 60% of which will be from national syndicates and what remains will be local. President and CEO of CMG, Chris Thorpe told the bizjournal, “Our business channel will address the challenges, triumphs and training for business owners and corporate leaders in addition to allowing consumers to get a behind-the-scenes glimpse into the world of business. The company has plans to launch additional channels by the end of this year.

There is no word if WQED Multimedia is helping in the venture or if it’s receiving any compensation for the use of the subchannel.  WQEX’s main signal is leased by the pubcaster to Shop NBC as a commercially-licensed station.

PBRTV Hat Tip to Mark.