Al Gore Sued Over Current TV Sale to Al Jazeera (Exclusive)



A $5 million lawsuit claims Gore was "adamant" about not selling his network to oil-rich Qataris but had a "change of heart," then stiffed the man who came up with the idea for the deal.

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The lawsuit was filed Tuesday in San Francisco Superior Court by John Terenzio, who presents himself as a highly regarded media consultant, executive and TV producer who conceived the idea for the distribution of an American version of Al Jazeera.

Now, Terenzio claims that he has been cut out of the lucrative deal.

Terenzio, who says in the suit he created China Central Television and reprogrammed it for American audiences, alleges that in late 2011, he presented a proposal for Al Jazeera titled "Path to U.S. Distribution" by Richard Nanula, a principal in Colony Capital. The purpose of the presentation was to explore potential financing and joint venture partners for the project.

Terenzio says that in June, he identified Current TV as a potential acquisition target for Al Jazeera given its vast distribution network and well-publicized financial woes.

At Terenzio's direction, Nanula is said to have approached Richard Blum, a member of Current's board of directors (and the husband of U.S. Senator Dianne Feinstein), who was interested because "he and other Current investors were concerned about the prospect of losing their shirts in the financially troubled Current."

Terenzio says he met Blum in July and presented "a step-by-step approach for making the sale of the liberal media outlet to Al Jazeera palatable to U.S. lawmakers, pro-Israel factions, cable operators and, most importantly, the American public."

The lawsuit claims that the structure proposed and the strategies developed were the same ones developed by Terenzio for CCTV and that there was a "mutual understanding that Terenzio would be compensated if Current TV utilized his idea to consummate a sale to Al Jazeera."

The presentation was left with Blum to show other Current investors, according to the lawsuit. Blum is said to have opined that Gore might find a transaction with Al Jazeera "politically unappealing" but that he would present it to the former U.S. vice president.

What happened next likely will generate much conversation given that Gore has made the media rounds defending the sale. According to the lawsuit, "Plaintiffs are informed and believe that Gore was adamant in his rejection of the proposal to sell his liberal, environmentally friendly network to the oil-rich Quataris who owned Al Jazeera. Apparently, Gore had a change of heart."

http://www.hollywoodreporter.com/thr-esq...rrent-tv-426420

Well, I'm sure that the Leftists will be all outraged at yet another example of Algore being a crook, liar and all around scum bag. The Commie websites must be ablaze over this...

Awwwww

Elite Jerks Inc

has some minor annoyances?

May their annoyances multiply exponentially like bacteria in severity, persistence, breadth, depth and general nastiness according to whatever God's priorities and preferences might be in such matters.

Let them experience themselves the fruit of what they have sown so LIBERALLY.

What trash.