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1/2/13, “Al Jazeera Seeks a U.S. Voice Where Gore Failed,” NY Times, Stelter,
“Al Jazeera on Wednesday announced a deal to take over Current TV,
the low-rated cable channel that was founded by Al Gore, a former vice
president, and his business partners seven years ago. Al Jazeera plans
to shut Current and start an English-language channel, which will be
available in more than 40 million homes, with newscasts emanating from
both New York and Doha, Qatar.
For Al Jazeera, which is financed by the government of Qatar, the acquisition is a coming of age moment….
Al Jazeera did not disclose the purchase price, but people with direct knowledge of the deal pegged it at around $500 million, indicating a $100 million payout for Mr. Gore, who owned 20 percent of Current. Mr. Gore and his partners were eager to complete the deal by Dec. 31, lest it be subject to higher tax rates that took effect on Jan. 1, according to several people who insisted on anonymity because they were not authorized to speak publicly.”…via Tom Nelson
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Qatar offshore oil field
Below, Qatar oil field at sunset
Above, “The asphalt ends, reducing the pressure in the tires.”
Modern buildings in Qatar
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