World's richest man to launch Ora.TV March 12, 2012 - 13:30 AMT PanARMENIAN.Net - The world's current richest man, at least according to Forbes, is planning to make a big move in the original Internet video content space, Neowin reports. Carlos Slim Helu, who is estimated to be worth $69 billion, has announced plans to launch Ora.TV sometime later in 2012. Details about the new network are still sketchy but today's announcement claims that Ora.TV (Ora means "now" in Italian) will offer a number of original programs of various length that will be able to be viewed on PCs, smartphones, tablets, connected TVs and more. No specific programming announcements were made today, with one exception. Ora.TV will feature a show hosted by Larry King, who hosted a news and entertainment interview show on CNN for 27 years until he retired in 2010. Helu will fund Ora.TV via his company America Movil, the wireless provider with over 200 million customers in Latin America. It's not currently known how much money Helu is spending to fund Ora.TV. He has hired Jon Housman, formerly the President of Digital Journalism for News Corporation, as Ora.TV's CEO. In the announcement, Helu said: “Ora.TV represents a great opportunity. The business model is sound and the team brings the talent and industry understanding that will help Ora stand out in digital television, a category which is primed for exponential growth.” The company is reportedly still in talks with potential technology and distribution partners.   Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020."   Partner news Most popular in the section |  Latest news Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals  Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation.Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan.Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush.Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |
