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Media sources have indicated that 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.
A report in the New York Times states that NWI is carried in only
20 million homes, NWI airs newscasts from around the world, including
reports from the Canadian Broadcasting Co. Theoretically Gore could
gut the channel for its bandwidth and reformat it for his own purposes.
Interestingly Barry Diller, who sold the property to Universal had
originally planned to transform NWI. His vision was for a hipper,
edgier news channel that could be an non-ideological answer to Rupert
Murdoch's Fox News.
It is possible that Vivendi could get the nod to sell NWI to Gore
as part of a potential deal with NBC. Until now NBC has not tendered
any cash with its partnership offer.
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