As we had reported, the Goracle’s befuddled TV network, Current TV was in serious financial trouble, and the investors were looking for a buyer. It appears that they have already found one, in the name of Al Jazeera. Newsbusters has more… The following is an excerpt from Stelter’s online January 2, New York Times article: Al Jazeera is finalizing a deal to take over Current TV, the low-rated cable channel that was founded by Al Gore and his business partners seven years ago. If the deal is completed, Current will provide the pan-Arab news giant with something it has sought for years: [...]
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