Posted on 01/03/2013 8:48:51 AM PST by Nachum
Al Gore’s Current TV confirmed Wednesday evening that it has been sold to Al Jazeera for an estimated $400 to $500 million, with the former vice president set to pocket up to $100 million from the sale.
In an email sent to Current TV’s staff, co-founder and former chief executive officer Joel Hyatt describes the selling process he and co-founder Al Gore went through in considering sale to Al Jazeera, acknowledging Current TV was a failed model.
Hyatt points to the Al Jazeera’s many accomplishments, including its global reach and for being the “only news network” that Obama-supporter Colin Powell watches, as factors in their decision.
The announcement makes clear that Al Jazeera plans to create a new international news network for an American audience called “Al Jazeera America.”
(Excerpt) Read more at freebeacon.com ...
How could a piece~o~crap cable TV station that no one ever watched ever possibly be worth that kinda change?
I agree ‘yefragetuwrabrumuy’ : It looks like Current had a profit of about 2.4 mil per year, so they paid 200 times what it was worth....Pay off??
Captain Planet loves him some petrodollars.
what a scummer
I will watch only if the dictator forces me to.
Directv carries Current TV on Channel 358. They also just announced a 4.5% price increase. For current Directv customers, this might be a good time to tell them to take Current Tv off the programming list.
Dancing with the Sultans
Ice Road Jihadists
Boomazon
I dream of Mahdi.
Current TV went from Al-Gorezeera to Al-Jazeera
Wonder how much Obama Tax he will have to pay
John McCain is our Hermann Goering.....Al Gore is more like Ernst Roehm
eyeamok~:” Only in America can a lying fraudulent ex vice president create a worthless TV company that has NO VIEWERS and no money and NEVER TURN A PROFIT and turn around and sell to their Jihadist Friends for $500 million dollars. I am sure the State Dept is working on it right now to see if it really is a legit deal or some kind of payoff.not”
I understand that Senator Finestein’s husband was one of the co-owners/investors of the Current sale ?
If the State Dept. is looking to see if it is a legitimate deal , I am sure that they will comply with the wishes of the Executive Branch .
Isn’t Senator Fienstein (D) currently the Chairman of the Senate Foreign Relations Commitee ?
Maybe this is an attempt to bring Foreign Relations to the American under-informed people via the media by a foriegn country ?
What next .. advertizements for Sharia ?
More Al Jazeera shows....
I Dream of Dhimmi
Beheaded In Front Of The Class
Camel Whisperers
Real Housewives of Prince Bandar
NCIS: Mecca
Jeddah Shore
Say Yes To The Burkha
Seven Wives For One Brother
Is this not concrete evidence Gore is a total hypocrite on the environment? Selling out for 100 million of dirty oil money?
I’m sure he’ll be happy to pay a big chunk of that because he’s “the rich” now. HE DIDN’T BUILD CURRENT TV! HE DIDN’T BUILD THE INTERNET!
We ought to hang him upside down and shake all that evil oil money out from his pockets. It’s the only fair libtard thing to do. (In case you don’t get it there was a libtard caller on Rush yesterday advocating this be done to Mitt Romney.)
The bribe isn’t even partially hidden, such is the contempt that AlGore and alJazeeeeeeera hold the American people.
A 99.9% tax on that sale would only be fair.
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