Complex sentence: As a result, SBN renewed partnership with Solar Entertainment to create the news network Talk TV, and since October 30 2012, it is now known as the Solar News Channel, the first 24-hour English news channel on free-to-air TV.
Split into simpler sentences: As a result, SBN renewed partnership with Solar Entertainment to create the news network Talk TV. And on October 30 2012, it is now as the Solar News Channel, the first 24-hour English news channel on free-to-air TV.