Friday, January 4, 2013

Al Gore meets Al Jazeera

It seems only natural that after giving us global warming...and..uh...the internet, Al Gore is now giving us Al Jazeera. That's right, the Arab news giant coming to a tv station near you:
Al Jazeera, the pan-Arab news giant, has long tried to convince Americans that it is a legitimate news organization, not a parrot of Middle Eastern propaganda or something more sinister. 
It just bought itself 40 million more chances to make its case. 
Al Jazeera on Wednesday announced a deal to take over Current TV, the low-rated cable channel that was founded by Al Gore, a former vice president, and his business partners seven years ago. Al Jazeera plans to shut Current and start an English-language channel, which will be available in more than 40 million homes, with newscasts emanating from both New York and Doha, Qatar. 
[...] 
Al Jazeera did not disclose the purchase price, but people with direct knowledge of the deal pegged it at around $500 million, indicating a $100 million payout for Mr. Gore, who owned 20 percent of Current. Mr. Gore and his partners were eager to complete the deal by Dec. 31, lest it be subject to higher tax rates that took effect on Jan. 1, according to several people who insisted on anonymity because they were not authorized to speak publicly. But the deal was not signed until Wednesday.
Read the whole story HERE and view a related video below:

 

Gee Al's on a roll. Maybe he can work on bringing us back the Bubonic Plague next time around.

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