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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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To: Liz
Every time I see her on FOX the mute button gets a workout. Better it than my BP :)
81 posted on 10/01/2003 2:00:08 PM PDT by mewzilla
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To: mewzilla
I knew I smelled a Ratner! LOL......

he did it for his sister so the JAP RAT could have a real job.

CNN will have to split their share with these guys. They'll each have 50, 000 viewers.
82 posted on 10/01/2003 2:03:49 PM PDT by bert (Don't Panic!)
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Al Gore-zeera
Coming soon...

83 posted on 10/01/2003 2:05:55 PM PDT by Bon mots
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To: NativeNewYorker

84 posted on 10/01/2003 2:07:09 PM PDT by Bon mots
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Wow. I can't wait for his network to go on the air. This will cure my insomnia for sure!

Hey Al, can you put Al Franken on the air too?? Right about bedtime would be good... unless you can stay up that late of course...
85 posted on 10/01/2003 2:16:56 PM PDT by Bon mots
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To: kattracks
At last we will be able to get decent 24 hour a day coverage of the 2000 election in Florida!
86 posted on 10/01/2003 3:42:59 PM PDT by per loin
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To: PBRSTREETGANG
Didn't Al invent cable TV?
87 posted on 10/01/2003 3:44:13 PM PDT by CMClay (A Face in the Crowd)
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To: GulliverSwift
I'm sure that they will get a big fat tax break from congress.
88 posted on 10/01/2003 4:25:37 PM PDT by NotQuiteCricket (http://www.strangesolutions.com)
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To: NotQuiteCricket
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20031001/media_nm/media_vivendi_nbc_dc_11
Vivendi, NBC Near Final Deal

Is this the same company?
89 posted on 10/01/2003 4:28:26 PM PDT by pnz1
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To: pnz1
From your article.
>>>>>>>>>>>>>>>>>>>>
CABLE NETWORK DEAL
Separately, a source familiar with the situation confirmed a Wall Street Journal report that Vivendi was near a deal to sell its Newsworld International network to a group of investors led by former U.S. vice president Al Gore (news -web sites) for $70 million.

Vivendi left the cable network out of the NBC deal.

Vivendi declined to comment. Vivendi shares closed 3.8 percent up in Paris at 15.78 euros.

Paris-based Vivendi has been selling assets to cut debts that threatened to topple the media group just a year ago.
>>>>>>>>>>>>>>>
Umn. Looks like this bit referrs to the Gore deal.....and of course the libs would be purchasing assets from the French.
90 posted on 10/01/2003 4:39:23 PM PDT by NotQuiteCricket (http://www.strangesolutions.com)
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To: PBRSTREETGANG
It just jumped over from that internet he invented a while back!
91 posted on 10/01/2003 4:42:34 PM PDT by winker
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To: kattracks
Steve Rattner - isn't he the guy who wanted to make the statue of the three firemen at Ground Zero a multi-cultural revisionist art experience?
92 posted on 10/01/2003 5:08:00 PM PDT by bootless (Never Forget)
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To: kattracks
Carried by 20 million homes? Where? I've never heard of the network.

I'm sure it goes to all those blue, urban, Gore areas. Just preaching to the nuts in the choir isn't going to do Gore much good.
93 posted on 10/01/2003 5:14:31 PM PDT by Fledermaus (Health insurance, a good economy and quality education are meaningless if you are DEAD!)
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To: kattracks
The Bravo channel is more Algore's speed.
94 posted on 10/01/2003 6:02:53 PM PDT by Uncle Meat
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To: Liz; Jeff Head
Aren't the super rich left wing liberals the most vile humans on earth.

This brother sister team is a prime example.

Our Jeff Head beat back the proposal by these left wing POS's with the help of Freepers and others.
95 posted on 10/01/2003 6:06:26 PM PDT by Grampa Dave (W. Clark, "If Karl Rove returned my phone calls, I could have run as a Republican!")
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To: PBRSTREETGANG
"Al Gore doesn't even know how cable TV gets on his television set."

Wouldn't be too sure about that. Maybe he invented cable TV.

96 posted on 10/01/2003 6:47:02 PM PDT by Aarchaeus
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To: Grampa Dave
The DEMO-RATtners are aptly named.

If the female of the species says that in public, imgaine what she says in private.

These scum-rats have an utter contempt for the rest of us.

And I betcha the phony Rattners spew their "tolerance and compassion." (barf)

97 posted on 10/01/2003 7:18:43 PM PDT by Liz
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To: mewzilla; Pagey; Grampa Dave
Should be fun to see who the Dims put on their dumb shows.

I guesss the Clinton Regulars are lining up: Lanny (smirk) Davis, Paul Giballa, Auntie Janet Reno (she'll be good for a laugh or two), Bobby Torricelli (ugh), Babs Strident, Rosie O' Fatty, Alec Baldwinded, Michael Moorehead.

I predict ratings of minus-20. LOL

98 posted on 10/01/2003 7:30:18 PM PDT by Liz
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To: Grampa Dave; Liz
Depict the Ground Zero Flag Raising as it Actually Occurred
99 posted on 10/01/2003 9:10:02 PM PDT by Jeff Head
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To: Jeff Head; Grampa Dave

100 posted on 10/02/2003 2:22:33 AM PDT by Liz
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