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from Wikipedia: >The original Aljazeera channel was started in 1996 by an emiri decree with a loan of 500 million Qatari riyals (US$137 million) from the Emir
by retube 17y ago
from Wikipedia:
>The original Aljazeera channel was started in 1996 by an emiri decree with a loan of 500 million Qatari riyals (US$137 million) from the Emir of Qatar, Sheikh Hamad bin Khalifa.[2][3] By its funding through loans or grants rather than direct government subsidies, the channel maintains independence of its editorial policy.[4][5] The channel began broadcasting in late 1996, with many staff joining from the BBC World Service's Saudi-co-owned Arabic language TV station, which had shut down in April 1996 after two years of operation because of censorship demands by the Saudi Arabian government.[6]
Following the initial US$ 137 million grant from the Emir of Qatar, Al Jazeera had aimed to become self-sufficient through advertising by 2001, but when this failed to occur, the Emir agreed to several consecutive loans[3] on a year-by-year basis (US$30 million in 2004,[7] according to Arnaud de Borchgrave). Other major sources of income include advertising, cable subscription fees, broadcasting deals with other companies, and sale of footage.[8] In 2000, advertising accounted for 40% of the station's revenue.[9]