Carlos Slim Helú is a Mexican billionaire who owns the largest wireless company in Latin America, América Móvil. His latest venture is an Internet television network called Ora.tv that is recruiting Larry King for a new program similar to “Larry King Live.”
“It will have a slate of shows of varying lengths and will stream them via the Internet to computers, phones and television sets in the United States, Latin America and elsewhere, bypassing traditional television distribution systems,” reports The New York Times.
King is a co-founder of Ora.tv. His new show will include his wife for a style/celebrity interview segment. His prominence is expected to attract Internet viewers and on-air talent.
“Ora.tv and companies like it are trying to reach the growing number of video consumers on computers, tablets, phones and Internet-connected televisions,” the article states. “Google is seeding dozens of on-demand channels that are starting this year on YouTube. Netflix and Hulu are starting original shows. And Amazon is believed to be getting into the business.”
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