Recently, under the initiative of the Venezuelan government of president Hugo Chávez, and with the sponsorship of the governments of Argentina, Bolivia, Cuba, Ecuador and Nicaragua, the news and documentary network teleSUR was created with the intention to be an instrument toward the "concretizing of the Bolivarian idea" through the integration of America, and as a counterweight to what the governments that fund it consider a "distorted view of Latin American reality by privately run networks that broadcast to the region". There is an ongoing debate on whether teleSUR will be able to become a neutral and fair news channel able to counter the huge influence of global media outlets, or whether it will end up as a propaganda tool of the Venezuelan government, which owns a 51 percent share of said channel.