>From Multichannel News -
Al Gore Launches Cable News Network 5/4/2004 2:00 PM
New Orleans (AP) - An investor group headed by former Vice President Al Gore launched a cable news network for young adults Tuesday by buying Newsworld International from Vivendi Universal Entertainment for an undisclosed sum.
Newsworld International is a 24-hour channel broadcasting international news produced by the Canadian Broadcasting Corp. that now has about 14 million North American households, according to the Vivendi Web site.
Gore said the network will be "an independent voice in this industry" with a primary target audience of people between 18 and 34 "who want to learn about the world in a voice they recognize and a view they recognize as their own."
"This is not going to be a liberal network, a Democratic network or a political network," Gore said at a news conference.
Following its acquisition by Gore's company, INdTV Holdings, the programming will continue to be provided by CBC, it was announced Tuesday during the National Cable and Television Association convention in New Orleans