Al Gore may buy into magazines, environmental title Plenty

[UPDATE: Jeff Bercovici of Portfolio now says that it is not Gore who is interested in the magazine, but Kevin Wall, a collaborator of his in the Live Earth concert last year.] Al Gore may be getting into the magazine business according to a story in Portfolio magazine.

Sources familiar with the former vice president's plans say he is set to announce the acquisition of a stake in Plenty, a four-year-old title about environmentally-conscious living. As it happens, Gore -- who already has a toe in the media business through his TV network, Current -- is on the cover of the current issue.

Asked about the situation, Plenty founder Mark Spellun acknowledged there is a deal of some sort in the works but said it was "not correct" to say that Gore was buying the company. "That wouldn't be quite accurate," he said. Pressed on whether that means Gore is purchasing some sort of interest, however, either directly or through another entity, Spellun declined to comment further, saying an announcement would come next week.