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Al Gore: Must-See TV?
Al Gore never got a presidential library. But he's not sweating it--the former veep and onetime presidential candidate could soon have a whole TV network dedicated to his political agenda.
Gore and his backers are thisclose to buying a small cable news network from Vivendi Universal for $70 million, Reuters reported on Wednesday.
"Vivendi is near a deal, but the deal is not done yet," said a source in reference to the sale.
Gore and Vivendi aren't talking to the media just yet but President Clinton's former cohort has made no secret of his prime-time ambitions. Earlier this year, Gore was reported to be in "embryonic" talks with producers and potential investors about creating a left-leaning network.
He's found a potential candidate in Newsworld International, a 24-hour news channel, which airs newscasts from Canada, Britain, Japan, Germany and the European Community.
If the sale goes through, Gore would position Newsworld International as a liberal alternative to the perceived right-wing views aired on Fox News, which has surpassed the more moderate CNN as the most watched cable news outlet.
Gore, who lost the 2000 presidential election to George W. Bush, has accused certain media outlets in the past of making "political deals with Republican administrations." Fox News is run by Roger Ailes a former media advisor to Republicans and the network's coverage has been criticized by some as overly sympathetic to the right-wing cause.
The former VP isn't a total news neophyte: he worked as a reporter for the U.S. Army in Vietnam and later for Nashville's The Tennessean. After the 2000 defeat, Gore became a visiting professor at the Columbia School of Journalism, where he taught a non-credit seminar entitled "Covering National Affairs in the Information Age."
Talks between Gore and Vivendi purportedly began earlier this year but were put on hold in May or June because most of Vivendi Universal's television and entertainment assets were tied up in a sale meant reduce the company's debt.
Last month, French-owned Vivendi entered into exclusive negotiations with NBC to offload Universal Pictures, USA Network, the Sci Fi Channel and Universal Studios theme parks. Newsworld International was not part of the deal.
Gore and his investors will have their work cut out for them if the fledgling network hopes to compete with the big boys. Newsworld has only 20 million subscribers in the U.S., compared to the 80 million U.S. households that receive CNN and Fox. Even the Peacock's news services, CNBC and MSNBC, have more than 60 million viewers apiece.
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