akatrex
Literotica Guru
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Al Gore sells Current TV to Al-Jazeera, nets reported $100 million.
Former Vice President Al Gore has made himself a much, much richer man by selling his little watched cable channel Current TV to the Emir of Qatar-funded Arab news channel Al-Jazeera.
Gore netted $100 million with his 20 percent stake in the network when it was sold for a reported $500 million on Wednesday.
Al-Jazeera plans to euthanize the struggling, seven-year-old Current TV and turn it into Al-Jazeera America
Al-Jazeera has been criticized for having a pro-Islamist bent, and accused of working with members of Al Qaeda.
But Gore, on his way out the door, sees a bright future for Al-Jazeera America where his Current TV failed, saying both networks were founded "to give voice to those who are not typically heard; to speak truth to power; to provide independent and diverse points of view; and to tell the stories that no one else is telling."
Read more: http://www.foxnews.com/entertainmen...-sale-current-tv-to-al-jazeera/#ixzz2GwDy4wMU
Former Vice President Al Gore has made himself a much, much richer man by selling his little watched cable channel Current TV to the Emir of Qatar-funded Arab news channel Al-Jazeera.
Gore netted $100 million with his 20 percent stake in the network when it was sold for a reported $500 million on Wednesday.
Al-Jazeera plans to euthanize the struggling, seven-year-old Current TV and turn it into Al-Jazeera America
Al-Jazeera has been criticized for having a pro-Islamist bent, and accused of working with members of Al Qaeda.
But Gore, on his way out the door, sees a bright future for Al-Jazeera America where his Current TV failed, saying both networks were founded "to give voice to those who are not typically heard; to speak truth to power; to provide independent and diverse points of view; and to tell the stories that no one else is telling."
Read more: http://www.foxnews.com/entertainmen...-sale-current-tv-to-al-jazeera/#ixzz2GwDy4wMU