Tag Archives | Current TV

Al-Jazeera Buys Current TV, Pundits’ Heads Explode

Picture: Flickr User Mike Licht (CC)

Current TV was sold to Al-Jazeera English for a reported $500 million dollars. Eliot Spitzer has quit his show, while the Young Turks made a point of saying they are independent, and thus owned by neither organization.

Time Warner Cable opportunistically jumped at the chance to drop Current with the ‘change of ownership’ clause in their contract. Time Warner contends it was not a political move, but cited ‘lack of demand’ and their already-streaming online free content as factors. According to the New York Times, Time Warner Cable wrote: “We are keeping an open mind, and as the service develops, we will evaluate whether it makes sense, for our customers, to launch the network.”

The point has been made at AlterNet that Time Warner subscribers are hit with the cost of political organizations they may not even want, with FOX charging $1 per month for its content and MSNBC 20 cents.… Read the rest

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Glenn Beck: Al Gore Wouldn’t Sell Current to Me, Chose Buyer That ‘Hates America’

Glenn Beck at CPAC 2010. Photo: Gage Skidmore CC

So good it has to be true! From The Wrap:

Glenn Beck says Al Gore refused to consider selling him Current TV before selling the channel to Al Jazeera, a network that Beck says “hates America.”

Current TV announced Wednesday that it had been sold to Al Jazeera, the network financed by Qatar. It plans to shut down Current’s lineup of liberal-skewing news and talk in favor of its own programming.

After the Wall Street Journal reported that Gore turned away interest from Beck last year, Beck took to the airwaves Thursday to offer his side of the story. He said his negotiators approached Current about buying the network in order to get Beck’s network, Blaze TV, into the 60 million U.S. homes reached by Current.

Beck said his people were told that the former vice president would have to be consulted on the possibility.

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