Bob Geldof is working on an internet TV channel to promote world peace.
Bob Geldof organised the Live 8 concerts in 2005
The singer and activist is putting together a plan for The Peace Channel, which could be launched next year.
He will develop the idea with his production company Ten Alps and a decision on whether to launch the service will be taken in the autumn.
The project is being funded by Point of Peace, which supports the work of Nobel Peace Laureates. Geldof has been nominated for the prize several times.
Point of Peace said the service could attract substantial financial support from international organisations.
Geldof was last nominated for the Nobel Peace Prize for organising 2005's Live 8 concerts, which he staged to persuade the G8 group of nations to cancel Third World debt.
The leaders agreed to boost aid for developing countries by $50bn (£29bn) and to cancel the debt of the 18 poorest nations in Africa.
In November 2005, Geldof was given the Man of Peace award from former Soviet leader Mikhail Gorbachev at the World Summit of Nobel Peace Laureates, in Rome.