Glenn Beck to launch Internet TV channel at GBTV.com

Glenn Beck plans to create his own web-based television channel after he leaves his current position as a Fox News host, according to sources familiar with the matter.

TVNewser reported that Beck's company, Mercury Radio Arts, is developing a channel to be based at GBTV.com and has filed for a trademark on the tagline, "The truth lives here."

“Glenn has always been ahead of the digital curve with GlennBeck.com, InsiderExtreme, TheBlaze and Markdown and as has been previously reported, this is one of the ideas that he has been exploring for some time,” a source told TVNewser.

Beck announced plans in April to "transition off" his Fox News program in favor of a realigned agreement between Fox and his production company, Mercury Radio Arts.

The deal will see Beck's company designing unspecified new media for the Fox News Channel and other Fox online properties, a news release said.

The release was not specific as to when he would be off the air, saying only that it would happen "later this year."

With prior reporting by Stephen C. Webster