Wednesday, January 2, 2013

FishbowlLA: Report: Al Jazeera Finalizing Deal to Acquire Current TV

FishbowlLA
LA Media News, Unspooled
Report: Al Jazeera Finalizing Deal to Acquire Current TV
Jan 2nd 2013, 15:15

A few months ago, Michael Wolff wondered in the pages of USA TODAY - “Who Will Buy Al Gore’s Current TV?” He concluded that an Internet behemoth like The Huffington Post, Buzz Feed or even College Humor might make sense.

But according to a report this afternoon by New York Times media columnist Brian Stelter, the most interested party has turned out to be from far beyond our country’s borders, Web or otherwise:

Rather than simply use Current to distribute its English-language channel, called Al Jazeera English and based in Doha, Qatar, Al Jazeera will create a new channel based in New York, according to people with knowledge of the deal negotiations. The channel may be called Al Jazeera America. Roughly 60 percent of the programming will be produced in the United States, while the remaining 40 percent will come from Al Jazeera English.

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