Al-Jazeera to buy Current TV - 13 WTHR Indianapolis

Al-Jazeera to buy Current TV

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LOS ANGELES -

Al-Jazeera, the Pan-Arab news channel that has struggled to win space on American cable television, has acquired Current TV.

Current cofounders Al Gore and Joel Hyatt announced the sale in a statement.

They say Current was built with goals that are compatible with Al-Jazeera's, including giving "voice to those who are not typically heard," providing independent and diverse points of view; and telling "the stories that no one else is telling."

The acquisition extends Al-Jazeera's reach beyond a few large U.S. metropolitan areas, where some people can watch Al-Jazeera English, to about 40 million homes.

Al-Jazeera is owned by the government of Qatar. It plans to gradually transform Current into a network called Al-Jazeera America by adding five to 10 new U.S. bureaus beyond the five it has now and hiring more journalists. More than half of the content will be U.S. news.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 

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