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(AP-Washington Post) While the pan-Arab news network Al-Jazeera doesn't have a significant presence in the U.S., that is about to change as Al-Jazeera is spending $500 million to acquire Current TV, the cable news network co-founded by former Vice President Al Gore. The deal gives Al-Jazeera access to about 50 million U.S. homes. Al-Jazeera, which is owned by the government of Qatar, gave voice to Osama Bin Laden in the years following the 9/11 terrorist attacks. The network will be rebranded Al-Jazeera America in 90 days. Time Warner Cable Inc., the nation's second-largest TV operator, said it will drop Current TV.2013-01-04 00:00:00Full Article
Al-Jazeera Buys U.S. Cable Channel
(AP-Washington Post) While the pan-Arab news network Al-Jazeera doesn't have a significant presence in the U.S., that is about to change as Al-Jazeera is spending $500 million to acquire Current TV, the cable news network co-founded by former Vice President Al Gore. The deal gives Al-Jazeera access to about 50 million U.S. homes. Al-Jazeera, which is owned by the government of Qatar, gave voice to Osama Bin Laden in the years following the 9/11 terrorist attacks. The network will be rebranded Al-Jazeera America in 90 days. Time Warner Cable Inc., the nation's second-largest TV operator, said it will drop Current TV.2013-01-04 00:00:00Full Article
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