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Larry King to return with new daily talk show

Larry King honored at the 2011 Friars Club Testimonial dinner gala at the Sheraton New York Hotel & Towers on Nov. 14, 2011, in New York. Cindy Ord/Getty

(CBS/AP) Larry King isn't staying out of the spotlight for long.

A new online programming venture bankrolled by the world's richest man will launch with the return of the veteran television personality.

Pictures: Larry King
Pictures: Larry King finale party

King will start up a new daily talk show later this year for Ora.TV. The new service, backed by Mexican communications billionaire Carlos Slim, will provide programming for tablets, cellphones, computers and Internet-connected TVs. Just last week, Slim was named Forbes' richest person in the world.

The 78-year-old broadcaster hosted a nightly interview program on CNN for 25 years. He retired in 2010. Last month, the longtime broadcaster officially parted ways with CNN. King did four specials for CNN within the past year. But CNN announced the network and King mutually agreed to end the specials.

Ora.TV is being run by Jon Housman, most recently president of digital journalism for News Corp. No date has been set for when Ora.TV will become available. The company says it has other programs besides King's in development, but wouldn't discuss them on Monday.

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