Business & Tech
Al Jazeera Buys Al Gore’s SF-based TV Channel
Al Jazeera will move its operations to New York.
San Francisco-based Current TV, cofounded by former Vice President Al Gore, has been sold to Al Jazeera. Operations will be moved from San Francisco to New York.
The most widely-quoted Arab TV channel in the Middle East, Al Jazeera will have instant access to 60 million American homes through the Current acquisition.
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Al Jazeera plans to produce 60 percent of programs for the new channel in the United States. The rest will be imported from Al Jazeera’s English-language channel. The channel plans to challenge CNN and other all-news networks.
Al Jazeera is financed by the government of Qatar.
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