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"Al Jazeera America went on the air in August 2013 after it bought Al Gore’s Current TV for $500 million." Why did they pay half billion for Current TV? First

• fixermark 11y ago
  ... like paying scalper's price for a ticket onto the Titanic after it's already hit the iceberg. ;)
• ashark 11y ago
  Maybe that bought them existing distribution deals worth that much (or more)? Can't think of another reason.
  • 6stringmerc 11y ago
    Airlines have done it with routes and gate access in the past, so that does make sense.
• fensterblick 11y ago
  For influence? If you can't outright bribe a politician, you pay well over asking for his company (or house, or anything else). And then you hope he lends you a willing ear when you need a favor.
  • jessaustin 11y ago
    Good point, but I wonder how much influence Al really has anymore? What would Qatar want from him, anyway?