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Gore close to cable buy
New York Daily News ^
| 10/01/03
| Phyllis Furman
Posted on 10/01/2003 2:06:22 AM PDT by kattracks
Call him Al Gore, media baron. The former vice president is close to striking a $70 million deal to acquire Newsworld International, a tiny cable network owned by French media giant Vivendi Universal, media sources said.
Gore and his backers want to turn the digital channel into a liberal-leaning network. His partners include ex-Democratic fund-raiser Joel Hyatt and media investment banker Steve Rattner, who's said to be lining up financing.
Carried in just 20 million homes, NWI airs newscasts from around the world, including reports from the Canadian Broadcasting Co. The net is part of Vivendi Universal Entertainment, the show biz empire that's about to be acquired by NBC.
Reps for Vivendi and Gore declined to comment.
Phyllis Furman
Originally published on October 1, 2003
TOPICS: Business/Economy; Culture/Society; Extended News; Front Page News; News/Current Events
KEYWORDS: algore; goretv; joelhyatt; steverattner; vivendi
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1
posted on
10/01/2003 2:06:22 AM PDT
by
kattracks
To: kattracks
I just wonder what type of advertising they are going to get in order to support this network which is going to have the worst ratings going. I'm sure his buddies in the media will support it for awhile.
2
posted on
10/01/2003 2:11:14 AM PDT
by
KC_Conspirator
(This space for rent)
To: kattracks
We can only hope our liberal friends can find a few more money-pits like this one to siphon off some of their funds. Hopefully it will be as popular as most of their radio offerings.
To: kattracks
Been there, done that.
Get a life, Al...
4
posted on
10/01/2003 2:20:13 AM PDT
by
Caipirabob
(Democrats.. Socialists..Commies..Traitors...Who can tell the difference?)
To: kattracks
What will be fun is taking a transcript from one of their offerings and compare it to those from other major media outlets and see if anyone can tell the difference.
Show it to your local liberal tree hugger type and watch them compare blatant liberal editorializing to, well, blatant liberal editorializing and try to tell you which one is the unbiased news source.
Better do it fast. This network wont last six months without propping up from someone with deep pockets.
5
posted on
10/01/2003 2:27:07 AM PDT
by
Jotmo
To: kattracks
"
Gore and his backers want to turn the digital channel into a liberal-leaning network. "
What a novel idea.
It's about time someone recognized we need [even if it's just one] a "liberal-leaning" network.
Why can't America draft people like this to run the country?
6
posted on
10/01/2003 3:36:53 AM PDT
by
G.Mason
(Lessons of life need not be fatal)
To: KC_Conspirator
I think this is wonderful that there will be some balance to Fox. The dems have had it with Fox for not keeping certain facts quiet. They never had a problem with Rather,Brokaw,Jennings,PBS or CNN. Pesky old Fox came in and let both sides express their opinions and you would think the world had ended. In a way the world as they knew it did end. It wasn't 4 liberals to 1 republican anymore on political tv shows. FOX even made them back up their allegations and opinions. They are still grasping at reasons they aren't in power and determined it must be Rush Limbaugh and FOX News.
One hurdle they will have to jump over--Begala,Carville,Stephenopolis,Woodruff,Curic,Matthews,and the above mentioned anchors would have to renegotiate contracts so that they could work for both networks. Babs is available though thank goodness!
To: kattracks
A loser idea from a loser guy.
8
posted on
10/01/2003 3:58:52 AM PDT
by
samtheman
To: kattracks
The former vice president is close to striking a $70 million deal to acquire Newsworld International,Rich Democrats!
9
posted on
10/01/2003 4:22:56 AM PDT
by
chainsaw
To: kattracks
Ah ha! I knew I smelled a Ratner! LOL.
10
posted on
10/01/2003 4:24:27 AM PDT
by
mewzilla
To: kattracks
Gore close to cable buyAl Gore doesn't even know how cable TV gets on his television set.
To: KC_Conspirator
I hope these bozos dump millions into this network. It will mean their money will be out of the politicial field. Who needs antoehr liberal network when they have PBS, and the three majors. I hope they spend liek there is no tomorrow and that they get this network up and running by the beginning of the year.
12
posted on
10/01/2003 4:42:00 AM PDT
by
q_an_a
To: KC_Conspirator
I just wonder what type of advertising they are going to get I'm sure the Hollyweird crew and the Dixie Twits will be happy to support this new - NON-Watched Liberal think tank of a station! LOL
13
posted on
10/01/2003 4:42:20 AM PDT
by
Core_Conservative
(ODC_GIRL - awesome woman - still fighting the War on Terror - from Michigan!)
To: kattracks
Gore and his backers want to turn the digital channel into a liberal-leaning networkWHAT? Only "liberal leaning?" Then they want it to be to the right of hard left NBC ABC and CBS, not to mention Cox and Turner
14
posted on
10/01/2003 4:46:14 AM PDT
by
from occupied ga
(Your government is your most dangerous enemy, and Bush is no conservative)
To: kattracks
Just as long as Gore doesn't acquire BLIZZARD Entertainment from Vivendi. I would be steamed!
15
posted on
10/01/2003 4:52:06 AM PDT
by
avg_freeper
(Gunga galunga. Gunga, gunga galunga)
To: kattracks
Joel Hyatt is the son-in-law of Howard Metzenbaum former senator (DemocRAT) and defense council in the 1950's for the American Communist Party.
I wonder if Ratner is lining up financing for Gore through Occidental Petroleum?
Regards,
16
posted on
10/01/2003 4:53:27 AM PDT
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
To: avg_freeper
I would cry if that happend
17
posted on
10/01/2003 5:24:06 AM PDT
by
Sinner6
(Any one want to buy a chinchilla?)
To: kattracks
Watch out! Any man brilliant enough to invent things like the internet is clearly capable of creating a Liberal news dynamo.
To: kattracks
Gore and his backers want to turn the digital channel into a liberal-leaning network. As a business man, I would say that this particular market niche is already suffering from having too many players.
The only thing that even portends the possibility of success is that none of the current mainstream media ADMITS their leftward lean, and it sounds to me like Gore-TV will wear it proudly.
To: kattracks
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
20
posted on
10/01/2003 5:56:56 AM PDT
by
smiley
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