Here's a short story:

Historically, the channel's programming consisted mainly of featured classic theatrically released feature films from the Turner Entertainment film library – which comprises films from Warner Bros. Pictures (covering films released before 1950) and Metro-Goldwyn-Mayer (covering films released before May 1986). However, TCM now has licensing deals with other Hollywood film studios as well as its Time Warner sister company, Warner Bros. (which now controls the Turner Entertainment library and its own later films), and occasionally shows more recent films. Turner Classic Movies is a dedicated film channel and is available in United States, United Kingdom, France (TCM Cinéma), Spain (TCM España), Nordic countries, Middle East and Africa. 

In 1986, eight years before the launch of Turner Classic Movies, Ted Turner acquired the Metro-Goldwyn-Mayer film studio for $1.5 billion. Concerns over Turner Entertainment's corporate debt load resulted in Turner selling the studio that October back to Kirk Kerkorian, from whom Turner had purchased the studio less than a year before. As part of the deal, Turner Entertainment retained ownership of MGM's library of films released up to May 9, 1986. Turner Broadcasting System was split into two companies; Turner Broadcasting System and Metro-Goldwyn-Mayer and reincorporated as MGM/UA Communications Co. (End of story)

Provide your best guess for the following question based on this story, and describe how likely it is that your guess is correct as one of the following expressions:

Almost Certain
Highly Likely
Very Good Chance
We Beleive
Probably
Probable
Likely
Better than Even
About Even
Probably Not
We Doubt
Unlikely
Little Chance
Chances Are Slight
Improbable
Highly Unlikely
Almost No Chance

Give ONLY the guess and your confidence, no other words or explanation. For example:

Guess: <most likely guess, as short as possible; not a complete sentence, just the guess!>
Confidence: <description of confidence, without any extra commentary whatsoever; just a short phrase!>

Here are a few examples of questions and answers:

Question: What television channel is discussed?
Guess: TCM
Confidence: <appropriate level of confidence in this guess>

Question: What does that stand for?
Guess: Turner Classic Movies
Confidence: <appropriate level of confidence in this guess>

Question: How many regions is it available in?
Guess: Seven
Confidence: <appropriate level of confidence in this guess>

Question: What's one of them?
Guess: United States
Confidence: <appropriate level of confidence in this guess>

Question: Is it called exactly the same thing in each region?
Guess: no
Confidence: <appropriate level of confidence in this guess>

Question: Where is it named differently?
Guess: Spain
Confidence: <appropriate level of confidence in this guess>

Question: What does it go by there?
Guess: TCM España
Confidence: <appropriate level of confidence in this guess>

Question: What happened in 1994?
Guess: unknown
Confidence: <appropriate level of confidence in this guess>

Question: Who founded the station?
Guess: Ted Turner
Confidence: <appropriate level of confidence in this guess>

Question: Is the station named after him?
Guess: Yes
Confidence: <appropriate level of confidence in this guess>

Question: What other movie outfit did he purchase?
Guess: Metro-Goldwyn-Mayer film studio
Confidence: <appropriate level of confidence in this guess>

Question: Did he buy it for 2 billion?
Guess: No
Confidence: <appropriate level of confidence in this guess>

Question: How much did he buy it for?
Guess: $1.5 billion
Confidence: <appropriate level of confidence in this guess>

Question: What caused another sale?
Guess: Concerns over Turner Entertainment's corporate debt load
Confidence: <appropriate level of confidence in this guess>

Question: Who was it sold back to?
Guess: Kirk Kerkorian,
Confidence: <appropriate level of confidence in this guess>

Question: What was the historical lineup on the station?
Guess: featured classic theatrically released feature films from the Turner Entertainment film library
Confidence: <appropriate level of confidence in this guess>

Now answer the following question in the same format.

Question: Are more recent videos ever shown?

Yes