Good News, Bad News, Good News…..

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The good news is Al Gore’s Current TV is going away.  The bad news is Al Jazeera is buying it. 

LOS ANGELES/NEW YORK (Reuters) – Al Jazeera said on Wednesday it will buy Current TV, the struggling cable channel founded by Al Gore and partners, in a move that will boost the Qatar-based broadcaster’s footprint in the United States.

Terms were undisclosed, but analysts estimated the deal could be worth as much as $500 million.

Al Jazeera said it would start a new U.S.-based news channel with the acquisition, which will make it available in more than 40 million U.S. households, up from 4.7 million prior to the deal.

The deal brings Al Jazeera, which operates under the patronage of the emir of Qatar and his family, into closer competition with American news channels like CNN, MSNBC and Fox.

The good news is Time Warner is refusing to carry it.

But while the new channel will soon be available in 40 million households, Al Jazeera faced a setback when Time Warner Cable — which reaches 12 million homes — announced it was dropping the low-rated Current, which occupied a spot that could have been switched to Al Jazeera America.

OTOH, I really don’t see AL Jazeera making anymore headway with the American public than Current TV. 

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24 Responses to Good News, Bad News, Good News…..

  1. philjourdan says:

    The good news is I doubt it will carry the AGW scare.

  2. Latitude says:

    So Al Gore would not let Glenn Beck buy it, because Al said he wanted to pass it on to someone with a “like” phlosophy……then sells it to Al Jazeera

    But Al Gore has to close the deal before Dec 31….because he doesn’t want to pay the higher taxes on it….
    ..higher taxes that were the Clinton norm when Gore was vice-pres

    Higher taxes that our Pres says we are un-American for not wanting to pay….and tax the rich

    So Gore sells to Al Jazeera, because they are a like mind, before Dec 31, to avoid paying taxes, that are the same rate that he pushed on everyone else, when he was vice-pres, that we would be un-American for not paying……

    You can’t tax the rich you morons!….you can’t hit a moving target

    And Buffet says the rich need to pay more taxes, while he’s sponsoring demonstrations against the Keystone pipeline, so we have to move the oil across country by train….and Buffet owns the trains

    We’re being had on every level………

  3. kelly liddle says:

    Al Jazeera is quite a good news organisation especially if the news is about the Middle East. It appears to me to be a way to sneak their news service onto their rivals service. There is no other reason you would buy a struggling (lossmaking) business and possibly pay so much unless there is some long term contracts where they can’t stop your service. I believe one intention with Al Jazeera is soft diplomacy and to try to stop extremism in the Middle East along with letting the west know that not all is bad in the Middle East as is sometimes portrayed by Western media.. Qatar has a lot to fear in the Middle East having a population only in the hundreds of thousands..

    • DirkH says:

      They have a different tactic than Al Qaeda but the same long term goal. Jihad is fought with every means possible. Outbreeding the enemy is one of those means. Bombs are a different one.

      Al Qaeda and Al Jazeera follow the same book; the Quran, and fight the same war, worldwide Jihad.

      When a muslim organization publicly proclaims “We don’t do Jihad anymore; it’s wrong and we’ll erase it from our Quran”, THEN you will have something.

      That moment will never come.

  4. David says:

    Kelly says, …”that not all is bad in the Middle East as is sometimes portrayed by Western media..”

    Really, and what news network over portrays the bad in the Arab world?

    • kelly liddle says:

      All of them. It is somewhat natural, just as local Middle Eastern networks probably portray the West in an unfavourable light. It is about the balance, if you were only to believe what you see without thinking then the Middle East is not basically world average in many measures which it is.

      • Me says:

        Yeah, Ok, so your planning yer next vacation on Iran or Iraq or Afghanastan, since they are somewhat stable now. Let us know how that works out for ya.

        • Me says:

          maybe Yemen if Afghanistan isn’t enough Middle fer ya!

        • kelly liddle says:

          Well if safety is my issue then I would favour the Emirates, Qatar, Kuwait, Saudi or Israel over the US. By cherry picking you invite the same back. would I prefer Compton over Iran or Iraq possibly and possibly not. Afghanistan or Syria they are dangerous at the moment and I would pick Compton over them.

        • Me says:

          Yeah, I thought so, Ya proved Me point.

        • Me says:

          But other than One on your list, your more trusting than Me, so good luck with that!

      • philjourdan says:

        Remember, Kelly does not get AMERICAN news stations, just the Oz ones. He has not seen the grand and glorious hero of the people’s struggle – Rachel Corrie. He has not seen the evil Israeli Babies carrying suicide bombs into their schools. He has not seen the dastardly Israelis denying the terrorists of their spoils by shooting down missiles.

  5. kelly liddle says:

    Me
    I would like to travel one day to places further abroad than I have travelled now, this is mostly out of curiosity. On the list would be US, Iran and Israel. The threat suggested in Iran is certainly exagerated because no one likes them not the west or the middle east..

  6. DirkH says:

    Watch it while it’s there.
    https://twitter.com/search/%23CurrentAlJazeeraShowPitches?tw_i=286629239283937280&tw_p=tweetembed

    ” Neal D. ‏@Neal_Dewing
    #wouldwatch RT @CuffyMeh: Stringing Up the Kardashians #CurrentAlJazeeraShowPitches ”
    “David Burge ‏@iowahawkblog
    #CurrentAlJazeeraShowPitches Arabia’s Funniest Home Beheadings ”

    Guess we’ll have some Fatwa tweets RSN.

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