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Current TV becomes Al Jazeera America following acquisition, Al Gore joins 'advisory board

Al Jazeera buys US based tv network "Current", Ex Vice President Al Gore gets new job

By Charles Gantt on Jan 3, 2013 09:32 am CST - 0 mins, 36 secs reading time

Current co-founder Joel Hyatt has confirmed that the US-based network has been sold to Middle Eastern TV conglomerate Al Jazeera. Earlier today the New York times reported that the pan-Arab news giant, based in Doha, Qatar, had expressed an interest in purchasing the network.

Current TV becomes Al Jazeera America following acquisition, Al Gore joins 'advisory board | TweakTown.com

The purchase brings Al Jazeera closer to its goal of having a network in the US. It will now be known as Al Jazeera America and co-founder and former US Vice President Al Gore will serve on its "advisory board".

Al Jazeera is also purchasing Current TV's carriage deals with DirecTV, Comcast, Dish, Verizon, and AT&T. Time Warner Cable (which represents a good percentage of the network's total reach) was not included in the package.

Charles Gantt

ABOUT THE AUTHOR - Charles Gantt

A web developer by day, Charles comes to TweakTown after a short break from the Tech Journalism world. Formerly the Editor in Chief at TheBestCaseScenario, he now writes Maker and DIY content. Charles is a self proclaimed Maker of Things and is a major supporter of the Maker movement. In his free time, Charles likes to build just about anything, with past projects ranging from custom PC cooling control systems to 3D printers. Other expensive addictions include Photography, Astronomy and Home Automation.

NEWS SOURCE:thenextweb.com

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