AL GORE, Internet Inventor, Brings Muslim Culture To U.S., BIG-TIME! Al-Jazeera's Coming!

[Repeatedly Raped and Loving It!]

News, movies, commentary -- the channel is "bringing it," as they say!


A sample...

http://www.youtube.com/watch?v=2E55rwmKSyg

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"Al-Jazeera buys Gore's Current TV, terms undisclosed"


By Sue Zeidler and Liana B. Baker
Reuters
January 3, 2013


LOS ANGELES/NEW YORK (Reuters) - Al Jazeera said on Wednesday it will
buy Current TV, the struggling cable channel founded by Al Gore and
partners, in a move that will boost the Qatar-based broadcaster's
footprint in the United States.

Terms were undisclosed, but analysts estimated the deal could be worth
as much as $500 million.

Al Jazeera said it would start a new U.S.-based news channel with the
acquisition, which will make it available in more than 40 million U.S.
households, up from 4.7 million prior to the deal.

The deal brings Al Jazeera, which operates under the patronage of the
emir of Qatar and his family, into closer competition with American
news channels like CNN, MSNBC and Fox.

But the award-winning channel that is seen in more than 260 million
homes in 130 countries faces hurdles with U.S. distributors and
viewers, television industry analysts said.

Current, a liberal channel which has battled low viewership, had been
distributed in about 60 million of the 100 million homes in the United
States with cable or satellite service.

One of its distributors, Time Warner Cable, which accounted for about
12 million of those homes, announced late Wednesday it was terminating
its carriage deal.

"Our agreement with Current has been terminated and we will no longer
be carrying the service. We are removing the service as quickly as
possible," Time Warner Cable said in a statement.

Reuters reported in April Time Warner Cable was considering dropping
Current if it did not reach certain ratings thresholds.

A spokesperson would not elaborate. Current is also distributed by
Comcast Corp and DirecTV, with 22.4 million and 19.8 million
subscribers, respectively.

Comcast or DirecTV were either unavailable or declined comment. Dish
Network Corp also declined comment.

Both Comcast and DirecTV also hold equity stakes of more than 5
percent in Current, according to public filings.

Current said Gore, its chairman, and co-founder Joel Hyatt, the chief
executive officer, will remain on the advisory board.

PARANOIA ABOUT AL JAZEERA

Analysts said Al Jazeera would have to overcome a significant image
problem in the United States, where many viewers remember its
stridently anti-war reporting of the conflicts in Iraq and
Afghanistan.

"Al Jazeera has deeper pockets. The downside is the politics. People
in America associate Al Jazeera with the Muslim world or the Arab
world or the Islam world and they have problems with that," said Jimmy
Schaeffler, pay TV consultant at The Carmel Group.

"They have psychological, political and emotional concerns and that
will work against them."

"There's a fair amount of paranoia when it comes to Al Jazeera," said
Robert Thompson, professor of TV and popular culture at Syracuse
University.

Al Jazeera has only been shown in a handful of cities. It said its new
U.S.-based news channel would be separate from Al Jazeera English, and
would provide both domestic and international news for American
audiences.

The new channel would air in 2013 and would be headquartered in New
York City. In addition to existing bureaus in New York, Washington,
D.C., Los Angeles, Miami and Chicago, Al Jazeera would open more
bureaus and would double its U.S.-based staff to more than 300
employees.

Current was co-founded in 2005 but never caught on. It shifted to a
more liberal format from 2011, but ratings continued to disappoint,
said Brad Adgate, senior vice president of research at Horizon Media,
who pegged its average daily audience under 50,000 viewers and the
value of a deal at $400 million to $500 million.

In late October, Current confirmed it was considering selling itself
and had hired JP Morgan and the Raine Group to assess options.

Thompson said the deal came at a challenging time for the cable
industry.

"Launching a cable network in the U.S. in the second decade of the
21st century is not an easy thing to do. Even Oprah Winfrey has
struggled in significant ways," he said.

Disputes between pay TV distributors and cable networks have risen
lately. Time Warner Cable also dropped arts-focused cable channel
Ovation over its low ratings and the high costs of carrying the
network.

(Reporting By Susan Zeidler; Editing by Gary Hill and Stephen Coates)

http://news.yahoo.com/al-jazeera-buys-current-tv-terms-undisclosed-002643807--finance.html

[Now I MIght Fuck Al Gore]

"Nobel Prize winner Al Gore getting $70 million from Qatar-funded Al
Jazeera in Current TV sale"

By Jeff Green and Christopher Palmeri
January 4, 2013



Jan. 4 (Bloomberg) -- Al Gore, who shared the 2007 Nobel Peace Prize
for his fight against global warming, may gross about $70 million from
the sale of his Current TV network to Al Jazeera, the cable channel
funded in part by oil-rich Qatar.

Al Jazeera will pay about $500 million for Current TV, including the
stake held by Gore, 64, according to two people with knowledge of the
deal. The network is one of dozens of investments made by the former
vice president since he lost the 2000 presidential race by a slim
margin.

“It’s reeking with irony,” said Jeff Sonnenfeld, senior associate dean
at the Yale School of Management, who studies corporate governance.
“It seems to be at least a paradox in terms of his positions on
sustainability and geopolitics.”

The deal highlights Gore’s makeover from career politician to
successful businessman. His take from the Current TV sale is is many
times the maximum net worth of $1.7 million he reported while running
for president in 1999. Besides investing in startups, Gore is on the
board of Apple Inc., an adviser to Google Inc., according to his
website biography, and a partner at Kleiner Perkins Caufield & Byers.

“The green of money knows no political boundaries,” said Charles
Elson, who is director of the John L. Weinberg Center for Corporate
Governance at the University of Delaware. “When you are running
investments, your priority needs to be maximizing return.”

Gore’s holdings also include investments in Amazon.com Inc., EBay Inc.
and Procter & Gamble Co. through his Generation Investment Management
LLP.

2004 Purchase


Gore holds a 20 percent stake in Current TV, according to the people,
who asked not to be named because the sale terms aren’t public. His
proceeds are difficult to pin down because the company had $41.4
million in debt, as well as preferred stock entitled to $99.5 million
in the event of a sale or liquidation, according to a 2008 regulatory
filing.

The Current TV price represents a sevenfold increase from the $71
million Gore and his partners paid for the predecessor company in
2004, according to the filing. Gore, chairman, and Joel Hyatt, a co-
founder and chief executive officer, announced the sale on Jan. 2,
without providing financial terms.

Kalee Kreider, a spokeswoman for Gore, didn’t respond to a phone call
or e-mail request for comment.

“Many Americans are tired of borrowing huge amounts of money from
China to buy huge amounts of oil from the Persian Gulf to make huge
amounts of pollution that destroys the planet’s climate,” Gore said in
September 2006 at the New York University School of Law.
“Increasingly, Americans believe that we have to change every part of
that pattern.”

Current Investors


The network’s investors included funds controlled by Los Angeles
billionaire Ron Burkle and San Francisco money manager Richard Blum,
according to the 2008 filing, when the company unsuccessfully sought
to sell stock to the public. Blum is married to U.S. Senator Dianne
Feinstein, a Democrat from San Francisco.

The Raine Group advised Current TV on the sale.


The owners introduced Current TV in 2005 after purchasing the network
from Vivendi SA.

Al Jazeera is closely held and gets some funding from the government
of Qatar, a small country on the eastern side of the Arabian Peninsula
that gets almost half of its gross domestic product from oil and gas,
data compiled by Bloomberg show.

“Under Qatari law, Al Jazeera Media Network is incorporated as a
private, non-profit company,” Charlotte Fouch, a spokeswoman, said in
an e-mail. “Al Jazeera receives funding from the State of Qatar, much
like other publicly funded broadcast networks.”

Gore’s Fund


In February of last year, Gore said investors in oil and gas companies
that ignore the cost of carbon dioxide emissions and other greenhouse
gases are making a mistake similar to those who invested in subprime
mortgages.

Most of Gore’s investments are made through Generation Investment
Management, which he co-founded with former Goldman Sachs Group Inc.
executive David Blood. The most recent regulatory filing lists about
$3.6 billion under management in 29 publicly traded companies.

In addition, Generation Investment Management also has stakes in
private ventures such as Nest Labs, a company formed by Apple Inc.
alumni to create a thermostat that adapts to user behavior and saves
money. The fund also backed Elon Musk’s SolarCity Corp., a developer
of rooftop solar power systems that went public last month.

Venture Capital

n April, Gore’s fund was part of $110 million in venture capital
invested in Harvest Power Inc., a closely held company that produces
renewable energy from waste such as food scraps.

The former Democratic presidential nominee is also the author of the
climate change focused best-sellers “Earth in the Balance,” “An
Inconvenient Truth,” “The Assault on Reason” and “Our Choice: A Plan
to Solve the Climate Crisis.”

Gore was the co-recipient, with the Intergovernmental Panel on Climate
Change, of the 2007 Nobel Peace Prize for “informing the world of the
dangers posed by climate change,” according to his official biography.

He served in the U.S. House of Representatives from 1977 to 1985 and
then in the U.S. Senate until he took office as vice president under
Bill Clinton in 1993.

http://www.washingtonpost.com/business/nobelist-gore-getting-70-million-from-qatar-funded-al-jazeera/2013/01/04/e9a2fd62-562e-11e2-89de-76c1c54b1418_story.html

[David1950]

LMAO


good, draw some advertisers away from fox news, all they gonna have left is
jimmie johnson
tellin yall impotent crackers how to choke your chickens

"Now I MIght Fuck Al Gore" <clit...@yahoo.com> wrote in message
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