TV News LIES

Tuesday, Sep 30th

Last update11:45:58 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...


Which Deaths Matter? How the media covers the people behind today's grim statistics

Media coverage of worldwide deathsThe past several months have been scarred by international crisis and turmoil, from strife in Gaza...

WCBS-TV reporter John Slattery dies of heart attack hours after last newscast

John SlatteryEmmy-winning local news mainstay John Slattery, a 30-year veteran of WCBS-TV, died after a sudden heart...

Glenn Greenwald: Media Way Overhyped Khorasan Group Threat

Glenn GreenwaldWhen the United States suddenly announced last week that it had attacked a militant group called...

Corporate TV Misses Yet Another Opportunity To Cover Climate Change

Climate marchThe People's Climate March on Sunday was perhaps the largest climate change protest in history. Hundreds...
 
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!