The Sci Fi Channel Changing Name to Syfy

This seems unnecessary – The Sci Fi Channel is changing its name to the identical sounding Syfy. Hmmm….
In a press release, the network says:
“By changing the name to Syfy, which remains phonetically identical, the new brand broadens perceptions and embraces a wider and more diverse range of imagination-based entertainment including fantasy, paranormal, reality, mystery, action and adventure, as well as science fiction. It also positions the brand for future growth by creating an ownable trademark that can travel easily with consumers across new media and non-linear digital platforms, new international channels and extend into new business ventures.”
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