Comcast is shuttering AZN Television, a channel designed to capture Asian American viewers. This article on the history of Comcast’s ownership of the network reveals the machinations of how Comcast came to own AZN. In a tax-avoidance technique known as a “cash-rich split off,” Comcast gave Liberty Media $1 billion of Liberty Media stock in exchange for the International Channel (the precursor to AZN) and 10% of the E! network. But first, Liberty Media put $545 million into the International Channel’s holding subsidiary. So long as Comcast “engaged in the active conduct of a trade or commerce” for a year after the deal, it had that $545 million tax free in exchange for the stock. Coincidently or not, AZN TV was effectively pared back a few months after that year was up. Liberty Media also used the cash-rich split off to its advantage when it purchased the Atlanta Braves from Time-Warner.