TV News LIES

Saturday, Oct 21st

Last update05:20:13 AM GMT

You are here News Journalism & Media Al Jazeera completes deal to buy Current TV

Al Jazeera completes deal to buy Current TV

E-mail Print PDF

Current TVCurrent TV, the small cable news channel that was co-founded by former vice president Al Gore, has been sold to Al Jazeera, the Qatar-based media company.

The acquisition gives Al Jazeera, which is funded by the Qatar government, the opportunity to establish a footprint in the United States, where it already has an English-language version of its Qatar service -- called Al Jazeera English -- but only limited reach.

Just buying Current does not guarantee instant distribution, however. Time Warner Cable, which offered Current in roughly 10 million of its homes, is dropping the channel. Without Time Warner Cable, which is the largest distributor in New York City and Los Angeles, Current TV is in only about 50 million homes.

Typically, when a cable network is sold or changes its programming direction, distributors can renegotiate their deals. It is possible that other distributors that carry Current may see the sale as an opportunity to drop a low-rated channel that is fairly expensive in proportion to its ratings. According to SNL Kagan, an industry consulting firm, Current TV costs about 12 cents, per subscriber, per month.

More...


Most Recent Related Stories...


O’Reilly Settled New Harassment Claims, Then Fox Renewed His Contract

Bill O'Reilly rehired by FOX after new harassment settlementLast January, six months after Fox News ousted its chairman amid a sexual harassment scandal, the...

Taliban attack kills dozens of soldiers in Kandahar

Taliban attack kills dozens The Taliban launched a major attack on an army base in southern Kandahar province, killing at...

Award winning journalist denied entry to US to accept award

Yemeni female journalist refused entry to US for awardWhen the Committee to Protect Journalists announced two months ago that I was one of the awardees...

‘Panama Papers’ Reporter Daphne Caruana Galizia Killed in Car Bombing

Pana Papers journalist dies in car bombing Journalist Daphne Caruana Galizia was killed this afternoon in a powerful car bomb blast that left...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!