Complex sentence: Following a major new reorganisation of the BBC News department in April 2008 at a cost of £550,000, the channel was renamed BBC News, with other BBC channels refering to the channel as the BBC News Channel.
Split into simpler sentences: Following a major new reorganisation of the BBC News department in April 2008 at a cost of £550,000, the channel was renamed BBC News. Other BBC channels refer to the channel as the BBC News Channel.