Mar 7, 2013 No Comments ›› Chuck Biscuits
Excerpted from The Hollywood Reporter: 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.
Current TV’s $500 million sale to Al Jazeera has prompted a lawsuit that claims co-founder Al Gore originally was opposed to the deal but had a “change of heart” on selling his cable network to oil-rich Qataris.
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.
Read the full lawsuit here.