Sci Fi is reporting:
Cable television entrepreneurs Nick Psaltos and Kim Bangash have enlisted directors Wes Craven, John Carpenter and Tobe Hooper to join the advisory board of the Horror Channel, a proposed network that aims to begin operation on Halloween night 2004, Variety reported. Psaltos and Bangash have made a few formal presentations to potential investors and cable operators. Horror Channel has scared up $750,000 so far, and it hopes to harvest $3 million from the venture-capital community within the next four months, the trade paper reported.

No cable operators have signed up for the Horror Channel yet. Bangash told the trade paper that the network has more than 1,000 U.S. horror movies to draw on for its round-the-clock schedule, as well as another 1,000-plus movies and TV series from abroad.
Sounds great. Maybe this channel could start airing Tales From The Crypt episodes. A channel like this should of happened awhile ago, just don't turn into a sci fi channel.