TV News LIES

Monday, Apr 24th

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...


Report: Black Fox Employees to Join Racial Discrimination Suit

Black Fox employees join lawsuitThe Murdochs hoped firing Bill O’Reilly would signal a changing culture at Fox News. “We want...

Sessions Leaves Door Open To Prosecuting News Organizations Over Leaks

sessions leaves door open to prosecuting news organizationsAttorney General Jeff Sessions didn’t assuage journalists’ fears Friday that prosecuting WikiLeaks could open the door...

Fox News Employees Were Unaware of Harassment Hotline

FOX employees unaware of harassment hotlineWhen multiple allegations of sexual harassment by Bill O’Reilly were reported publicly this month, representatives for...

Fox News 'to drop host Bill O'Reilly' after harassment cases

Bill O'reilly to be dropped from FOXFox News is reportedly about to drop the country's top-rated cable news host, Bill O'Reilly, amid...
 
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!