Larry King and Carlos Slim’s New Digital Television Venture, Ora.TV, Signs Strapped Poets’ Phil Reese to Exclusive First-Look Development Deal for Sports Programming

Larry King and Carlos Slim’s, Ora.TV is a new digital television venture with high-quality video programming for digital distribution via a variety of platforms. Unlike linear cable channels, from its inception Ora (which means “now” in Italian) is an on-demand network, producing a wide range of stand-alone content that transcends traditional format distinctions. Ora Media produces shows that resemble traditional TV in terms of production quality and content but are available in a variety of formats. Ora.TV marks the return to television of broadcast news legend Larry King, is funded by Carlos Slim and led by CEO Jon Housman, who until recently was the President of Digital Journalism for News Corporation. Ora.TV is based in New York City and Los Angeles.