Thursday, January 3, 2013

Al Gore’s Current TV Rebuffs Advances by TheBlaze, Agrees to Sell Channel to Al Jazeera

Via Don

 

Seeking to expand its presence in American television, al-Jazeera, the Qatar-owned news network, has agreed to buy Al Gore’s low-rated Current TV, the Wall Street Journal reports.
Financial terms of the deal weren’t disclosed, but a person familiar with the matter said al-Jazeera paid a few hundred million dollars for Current TV. The network, which was co-founded by Mr. Gore and entrepreneur Joel Hyatt in 2005, has recently been struggling with low ratings.
The multimillion dollar deal came after Current rebuffed TheBlaze when it approached the network about buying the channel last year. According to a source close to the negotiations, officials at TheBlaze were told that “the legacy of who the network goes to is important to us and we are sensitive to networks not aligned with our point of view.”

An executive for TheBlaze confirmed these details on Thursday, noting that the decision not to sell to Beck’s network came only hours after executives reached out to a Current representative to discuss the matter. As reported by the Wall Street Journal, Hyatt said that the decision to go with the Middle Easter outlet came, in part, because, “al-Jazeera was founded with the same goals we had for Current.”

This admission on the part of Current clearly shows that the network aligns itself with al-Jazeera — at least when it comes to goals and aspirations — something critics will likely question. As the AP noted, Dave Marash, a former “Nightline” reporter who worked for the network for a time, left in 2008 after sensing an anti-American bias.

More @ The Blaze

2 comments:

  1. Gore & and his muslim pals see EYE TO EYE. And to think that this pile of globally warmed crap was the vep for eight years!!

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