Yeah...but he sold "Soul Train" to Mad Vision entertainment. Here is what Wikipedia says:
Production of first-run episodes was suspended at the conclusion of the 2005-06 season, the show's thirty-fifth. For two seasons starting in 2006-07, the program aired archived episodes under the title, "The Best of Soul Train". [1] The future of Soul Train was uncertain with the announced closing of Tribune Entertainment's syndication division on December 18, 2007, which left Don Cornelius Productions to seek a new distributor for the program.[2] Cornelius soon secured a deal with Trifecta Entertainment & Media.
In May 2008, the rights to the Soul Train library were purchased by MadVision Entertainment, whose principal partners come from the entertainment and publishing fields. The price and terms of the deal were not disclosed. [3] However, by the start of the 2008-09 television season, the Tribune-owned stations (including national carrier WGN America) that had been the linchpin of the show's syndication efforts dropped the program, and many others followed suit. The move coincided with Trifecta Entertainment & Media's transfer of its only other major syndication effort, American Idol Rewind, to network television, indicating it may have exited the syndication business as well. Soul Train's website acknowledged that the program had ceased distribution on September 22, 2008.