Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

1/4/2013 (1 year ago)

Catholic Online (www.catholic.org)

Timne Warner drops Current TV over deal.

Al Jazeera is coming to America, with plans to reach at least 40 million households. The Qatar-based news network has bought out Current TV, which was founded in part by Al Gore in 2005. The deal is estimated to be worth $500 million.

Oops, Obama gets to keep the lion's share of the profits.

Oops, Obama gets to keep the lion's share of the profits.

Article Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

1/4/2013 (1 year ago)

Published in Middle East

Keywords: Al Gore, Al Jazeera, Current TV, payday, taxes, Islam


LOS ANGELES, CA (Catholic Online) - Al Gore confirmed that he and Current TV co-founder, Joel Hyatt, will be paid as a result of the sale, which he announced on Wednesday. It is unclear how much of the money will be paid to Gore himself as the financial details have not been disclosed.

An unnamed person reportedly close to the deal, has leaked to The New York Times that the payday for Gore is around $100 million.

Sources close to Gore also indicated that Gore wanted the deal to close before the inevitable Jan. 1 tax increases, but this did not happen until Jan 2. It seems even the most legendary liberals don't like paying taxes either.

Meanwhile, reaction in the U.S. has been lukewarm.  At least one cable provider, Time Warner, has announced that it will not carry Al Jazeera America, as it will be named. In addition, Time Warner said they are dropping Current TV from their lineup as "quickly as possible" because of the deal.

Al Jazeera likely selected Current TV as a means of penetrating the U.S. market since Current TV, designed to be a liberal mouthpiece, was overrun by MSNBC in that endeavor. With its value to consumers and investors slipping, it was ripe for buyout.

Current TV has suffered from poor viewership ever since it went live.

Without this acquisition, Al Jazeera has only been able to reach around 7 million U.S. consumers.

Al Jazeera has also faced criticism from a variety of directions, which makes the publication, and the deal, suspect to many in the U.S. For example, in 2010, Wikileaks cables revealed that Al Jazeera had close connections to the CIA.  Al Jazeera's director resigned over the disclosed connections.

Al Jazeera has also been accused of promoting the Arab Spring revolutions, which have removed despots only to replace them with Islamic parliaments hostile to Israel. President Obama has not been a particularly vocal supporter of the Jewish state.

However, Al Gore needn't care much about an Islamic-friendly news publication coming to America, after all he should have around $60 million left to spend once Obama takes his cut.

---


Pope Francis: end world hunger through 'Prayer and Action'


© 2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for April 2014
Ecology and Justice:
That governments may foster the protection of creation and the just distribution of natural resources.
Hope for the Sick: That the Risen Lord may fill with hope the hearts of those who are being tested by pain and sickness.



Comments


More Middle East

Palestinian Christians prevented from Easter pilgrimage to Jerusalem since 1967 Watch

Image of Israel issues some permits to both Christians and Muslims during religious holidays, but this can be a lengthy and bureaucratic process. Permits are usually issued to older, married Palestinians.

By Catholic Online (NEWS CONSORTIUM)

Palestinian Christians feel the sting of segregation acutely during Holy Week. Strict, Israeli restrictions on movement prevents their access to holy sites in nearby Jerusalem. Many holy sites have remained out of reach in the West Bank and Gaza Strip since ... continue reading


BIGGEST IN THE WORLD: Saudi Arabia determined to build world's tallest building Watch

Image of High winds will also be a problem for this gargantuan building, so the tower will change shape regularly to counter it.

By Catholic Online (NEWS CONSORTIUM)

Not be outdone, Saudi Arabia is vowing to build the world's tallest building. Said structure, called the Kingdom Tower, heads into construction next week. AT its height, 3,280 feet, it will eventually dwarf Dubai's Burj Khalifa, which stands at 2,716 feet, the ... continue reading


AL-QAEDA ALIVE: 'We must eliminate the cross ... The bearer of the cross is America!' Watch

Image of  In the video, the nefarious

By Catholic Online (NEWS CONSORTIUM)

"This is quite an extraordinary video," terrorist experts Paul Cruickshank says. There's another word for it: absolutely horrifying. In the video, the nefarious "crown prince" of al-Qaeda, Nasir al-Wuhayshi is seen addressing a group of 100 like-minded ... continue reading


Suffering, dying in silence: Syrian Christians face arduous holy week Watch

Image of Maronite Archbishop Samir Nassar of Damascus says that Syrian Christians face a seemingly endless Way of the Cross, with many suffering and dying in silence.

By Catholic Online (NEWS CONSORTIUM)

The assassination of Dutch Jesuit Fr. Frans van der Lugt, shot to death by an unknown assailant at his base in Homs, Syria on April 7 has cast a pall for the faithful here. Maronite Archbishop Samir Nassar of Damascus says that Syrian Christians face a ... continue reading


Asia Bibi remains in prison, reluctant officials hide behind bureaucracy Watch

Image of Asia Bibi remains in prison, judges unwilling to take up her case for fear of violence.

By Catholic Online (NEWS CONSORTIUM)

Asia Bibi, the Pakistani woman facing death for blasphemy in Pakistan still sits in a women's prison her case held up by deliberate delays and a reluctance of judges and others to hear her case. Officials are afraid that they will become targets of Islamic ... continue reading


Dutch priest beaten, killed at his Syrian monastery Watch

Image of Father Frans van der Lugt was described as a man of great courage who

By Catholic Online (NEWS CONSORTIUM)

Dutch Jesuit priest, 75-year-old Frans van der Lugt was beaten and shot dead by unidentified gunmen at his monastery in Homs, Syria this week, the Vatican said. He had been living in Syria since the early Seventies. He's being described as man of great courage ... continue reading


Tunisian government strives to root out Islamist influence from Mosques Watch

Image of Tunisia's newly elected government, recognizing that one of the nation's chief sources of revenue is tourism, has wasted little time in quelling extremist factions there.

By Kaci Racelma (Algiers, Algeria)

Tunisian authorities, along with the Islamist party Ennahda had clashed on several levels for any months. The conflict was felt on all strata of Tunisian society. Violence roiled in the streets, to the universities, in places of worship and private homes. ... continue reading


Syrian refugees in Lebanon passes one million mark Watch

Image of U.N. staff in Lebanon register 2,500 new Syrian refugees every day, the UNHCR said.

By Catholic Online (NEWS CONSORTIUM)

As Syria's devastating Civil War drags into its fourth year without an end in sight, the number of Syrian refugees in Lebanon has officially passed the one million mark, the United Nations' refugee agency says. Syrian refugees now make up almost a quarter of ... continue reading


Meet Catholic Online's new Middle East correspondent Watch

Image of Kaci Racelma received his Bachelor of English literature in 1996. He has worked in the daily Algerian newspaper la Nouvelle République since 1998.

By Catholic Online (NEWS CONSORTIUM)

Journalist Kaci Racelma has joined the Catholic Online family as a much needed and vaunted Middle East correspondent to our international news desk. We welcome his wealth of experience in relaying breaking stories in this complex part of the world.  LOS ... continue reading


Authorities break up kiddie sex abuse ring, 17-year-old pimp and several men arrested Watch

Image of Several hundred women in Israel - many of them foreigners - are trafficked within the country annually for commercial sexual exploitation.

By Catholic Online (NEWS CONSORTIUM)

Tel Aviv Police have arrested seven men in connection with a child molestation ring. An undercover investigation began after one of the purported victims came forward and told them about a number of girls who had sex with a group of adults in exchange for ... continue reading


All Middle East News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Acts 3:11-26
11 Everyone came running towards them in great ... Read More

Psalm, Psalms 8:2, 5, 6-7, 8-9
2 even through the mouths of children, or of babes in ... Read More

Gospel, Luke 24:35-48
35 Then they told their story of what had happened on ... Read More

Saint of the Day

Saint of the Day for April 24th, 2014 Image

St. Fidelis of Sigmaringen
April 24: Franciscan Capuchin martyr. He was born Mark Rey is Sigmaringen, ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter