According to the New York Times , Al Jazeera is nearing a deal to buy Current TV, the cable network founded by Al Gore. The international news organization — funded by and headquartered in Qatar — reportedly plans to launch an all-new network if the deal goes through, instead of merely moving its existing English-language channel to US cable listings. Al Jazeera America, as the Times suspects it may be called, would be headquartered in New York City with up to 60 percent of programming produced within the United States.
Gore's Current TV has consistently suffered lackluster ratings for years since it went on air in 2005, and confirmed late last year that it had received several inquiries for a sale. Despite Current's troubles, taking...
via The Verge - All Posts http://www.theverge.com/2013/1/2/3828918/al-jazeera-nearing-current-tv-acquisition
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