Ryan Seacrest is reportedly is in talks to acquire VH1 Soul (a spinoff of VH1 aimed at soul and R&B fans, and owned by Viacom). THR says the deal is far from done, but talks are in "an advanced stage."
About a year ago, it was announced that Seacrest planned to follow in Oprah's footsteps and launch a network of his own, though it doesn't look like the acquisition of VH1 Soul (if it happens) is in any way part of that plan.
The multi-millionaire is simply adding to his already rich empire of properties apparently.
All thanks to the success of American Idol which got the whole thing started.
Not sure what a Ryan Seacrest ownership of VH1 soul will look like. I don't have cable, so I don't watch the channel. I gather it's primarily a music-centered.