Sport and Cinema.com

Unlike most nations around the world, there is very little government financial support for the Olympics in America, so when NBC broadcast a taped ceremony over the weekend of the USOC’s latest inductees it was for a good cause.

Just over a month ago, Sports and Cinema.com reported on the USOC’s plans to launch a major cable television network.

Four weeks later, in the midst of the marquee Olympic sport of athletics hosting its world championships , after meeting with IOC president Jacques Rogge Sunday, USOC chairman Larry Probst decided to postpone their efforts.

Joining forces with cable giant Comcast, the USOC announced it will launch the U.S. Olympic Network after the 2010 Winter Games in Vancouver.