“Al Jazeera, the Qatar-based cable- news channel, acquired Current TV, the network founded by former Vice President Al Gore, gaining access to more U.S. viewers.
“We are proud and pleased that Al Jazeera, the award- winning international news organization, has bought Current TV,” Gore, Current TV’s chairman, and Joel Hyatt, a co-founder and chief executive officer, said today in a statement.
The move lets Al Jazeera expand its U.S. footprint beyond the nine pay-television providers that carry its programming. Current TV, a news and opinion channel founded in 2005, reaches almost 60 million U.S. homes. Al Jazeera’s English network was started in 2006 and broadcasts to 250 million households worldwide in 130 countries, according to its website.
“Current Media was built based on a few key goals: 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,” Gore and Hyatt said in the statement. “Al Jazeera, like Current, believes that facts and truth lead to a better understanding of the world around us.”Comments »