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Gore in talks to buy TV news channel

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diplomats Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-03 08:30 PM
Original message
Gore in talks to buy TV news channel
NEW YORK (Reuters) - Former U.S. Vice President Al Gore (news - web sites) is close to a buying a cable TV channel, putting him in a position to launch a liberal news outlet to counteract the increased popularity of conservative stations like the Fox News Channel, a source familiar with the matter said on Wednesday.
Gore and a group of investors are in talks to buy Newsworld International, a cable news channel owned by Vivendi Universal, for $70 million, the source said.
"Vivendi is near a deal but the deal is not done yet," said the source, referring to Gore's bid.
If Gore succeeds, Newsworld International could compete with Fox News Channel, which has unseated CNN as the most widely watched news channel in the United States with a formula of brash talk show formats mixed with hard news.

http://story.news.yahoo.com/news?tmpl=story&cid=1896&ncid=1896&e=3&u=/nm/20031001/us_nm/media_gore_dc

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blm Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-03 08:46 PM
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1. fingers crossed for Gore...
sending every positive vibe his way.
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frank frankly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-03 08:47 PM
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2. please please please
Gore's place in history may only now be crystallizing. Thank you, Al. Thanks!
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peabody71 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-01-03 08:49 PM
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3. Havn't heard the last of this great Patriot.
I can't wait. Progressiveness here we come.
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