Mexican billionaire Carlos Slim Helú and former cable news staple Larry King are teaming up on a new digital television venture, Ora.TV. “Ora.TV represents a great opportunity,” Slim said in a statement. “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.” Jon Housman will lead the new company. He previously served as president of digital journalism at News Corporation and was the publisher of the Wall Street Journal Europe. Ora.TV will be based in New York City and will start programming later this year.
Larry King & Carlos Slim partner up for Digital TV
