Glenn Beck is considering following in Oprah Winfrey's footsteps and starting his own channel, sources tell the New York Times. Beck's contract at Fox is up at the end of the year. With the network rumored to be considering dropping him, Beck is looking into taking over all or part of a cable channel, or expanding his subscription Internet video service, according to the sources, who say Beck has been mulling the move for more than a year.
Beck has been shunned by advertisers on Fox so a Glenn Beck channel may be a risky venture—although he is likely to bring a sizable audience with him if he leaves the network. Insiders say Beck doesn't plan to directly compete with Fox, but aims to extract more value from loyal fans. Beck declined to discuss his future plans, but issued a statement praising Fox and saying: "I have no intention whatsoever of doing the show I am doing now on Fox anywhere else." (More Glenn Beck stories.)