Geldof to launch peace channel

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LONDON -- Social activist and musician Bob Geldof will launch a broadband Internet and television channel aimed at promoting world peace, it was announced Friday.

The Live Aid founder, who has been nominated for the Nobel peace prize three times, will launch the channel through his production company Ten Alps. The venture will be financed by Norwegian human rights organization Point of Peace.

The venture is expected to include traditional video, user-generated content and social networking opportunities.
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