Leno went on to say they were just talking to each other, and Leno was basically asking, 'Why are you, Al Gore, begrudging them this little slice of the media pie?' He was not expressing himself well, but that's what Leno meant.
Well, if that's what Leno was saying, then he definitely was not expressing himself well. I thought that after his reference to Hollywood being liberal, he (as you said) brought his hands together next to his right side and said that it was just a small group who do all the talking. But I thought he was talking about a small group of Hollywood types who do all the big-mouthing, eg., Baldwin, Streisand, Reiner, et al.
I like your interpretation better, and I hope you saw it better than I did.
Regards,
LH