TV News LIES

Thursday, Apr 17th

Last update09:36:54 PM 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...


Three Lebanese journalists for al-Manar TV killed in Syria

Journalists killed in SyriaThree Lebanese journalists working for Hezbollah's al-Manar television were killed on Monday after coming under attack...

White House news group honors black reporter it once barred

Harry McAlpinHarry S. McAlpin made history in February 1944 when he became the first black reporter to...

Guardian and Washington Post win Pulitzer prize for NSA revelations

Guardian and WP share PulitzerThe Guardian and the Washington Post have been awarded the highest accolade in US journalism, winning...

Glenn Greenwald, Laura Poitras Returning To U.S. For First Time Since Snowden Revelations

Glenn GreenwaldGlenn Greenwald and Laura Poitras, two American journalists who have been at the forefront of reporting...
 
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!