Complex sentence: The network was purchased by Adelphia Cable in 1999 (eventually the name was changed slightly to Orange County News Channel) and struggled with decreasing profits and ad revenue until finally closing in 2002.
Split into simpler sentences: The network was purchased by Adelphia Cable in 1999, and eventually the name was changed slightly to Orange County News Channel. OCN struggled with decreasing profits and ad revenue until finally closing in 2002.