World's richest man to launch Ora.TVMarch 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 | Viva-MTS: Tech solutions to modernize infrastructure of border village The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015. “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. |