Al Jazeera Buys Al Gore's Current TV In US Expansion

Law360, New York (January 2, 2013, 10:50 PM EST) -- Al Jazeera Media Network has bought Current TV, the network founded by former Vice President Al Gore, as part of its move to set up a new U.S. news channel based in New York, the companies said Wednesday.

Its new U.S.-based news channel will run on Current TV’s network when it is launched this year, the Doha, Qatar-based network said in a statement Wednesday.

Al Jazeera did not provide a dollar value for the sale, and a spokeswoman for Current TV did not comment on the...
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