Al Jazeera America Terminates All TV and Digital Operations

Executives of Al Jazeera America (AJAM) helda meeting at 2 p.m. Eastern Time to telltheir employees that the company is terminating all news and digital operations in the U.S. as of April 2016, resulting in the loss of hundreds of jobs. The announcement marksa stunning and rapid collapse of what, from the start, has been a toweringfailure.

AJAM began when Al Jazeera purchased Current TV in late 2012 from founder Al Gore for $500 million, and the channellaunched six months later. From the star...

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Published on January 13, 2016 11:04
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