» News

Current TV May Be A Financial Black Hole for Al Jazeera

Home - by - January 8, 2013 - 10:00 America/New_York - 11 Comments

AIM

A new study by SNL Kagan shows that while on the surface it appears that Al Jazeera may have paid a reasonable price for Current TV, there is s strong possibility that the purchase may cost the Qatar-owned propaganda network far more than $500 million.

SNL Kagan analyst Derek Baine noted that prior to the purchase, Current was available in 60 million households. But as soon as the transaction was announced, the second largest cable operator, Time Warner Cable Inc., exercised the change of ownership clause and plan to drop the struggling network from its system as soon as possible.

According to Baine, the loss of Time Warner Cable’s nine million subscribers will move the network to a break-even level at best. He believes that Al Jazeera will be forced to drop its licensing fees altogether in order to convince operators to carry the newly rebranded network. This would be a severe blow to the financial structure, as it now relies on subscriber fees for 80% of its revenues.

More

» 11 Comments

  1. Snowball the Sourpuss

    January 8th, 2013

    This is great news! But were those muzzie bastards ever in it for the money?

    Thumb up +8

     
  2. Snowball the Sourpuss

    January 8th, 2013

    Oops. Hello.

    Thumb up +5

     
  3. Shiite from Shinola

    January 8th, 2013

    You’d get a lot more truth and a lot less propaganda if they would just allow monkeys to broadcast for them live from the zoo. Might even be able to make some sense of it.

    Thumb up +2

     
  4. J Galt

    January 8th, 2013

    Don’t be fooled. The network purchase was never so Muzzies could enjoy the information age. The sale was a mechanism to safely transfer Payola to Gore. Just like when a politician receives a 5 million book advance. Both are just a means for public figures to take payola without the stigma of passing the money under the table.

    Thumb up +7

     
  5. thirdtwin

    January 8th, 2013

    Yeah, the Mossad calls Current TV Stuxnetwork.

    Thumb up +1

     
  6. thirdtwin

    January 8th, 2013

    @ J Galt…

    You got it. Remember the Buddhist Monks and “no controlling legal authority”?

    These muslims are not concerned about making money, only about obtaining a mouthpiece in America to broadcast Wahhabi drivel. Because as dhimmi as the MSM is, it is insufficiently obedient to sharia.

    Thumb up +8

     
  7. Shiite from Shinola

    January 8th, 2013

    Jay Leno says the $500 million translates to $10 million per viewer.

    Thumb up +7

     
  8. serfer62

    January 8th, 2013

    Not to worry…the’re covered in the next TARP.

    Thumb up +1

     
  9. Team America

    January 8th, 2013

    HAHAHAHAHAHAHAHAHA……I hope so.

    Thumb up 0

     
  10. Buffalobob

    January 8th, 2013

    Ya have to give manbearpig credit. He conned more than half of the population into believing his global warming movie BS. He conned investors into buying carbon credits. It appears that manbearpig’s flim-flam skills was able to trade a two goat and a camel network staffed and featuring looses for 500 big ones. Way to go big Al.

    Thumb up 0

     
  11. Rick

    January 8th, 2013

    All they’ll do is raise oil prices to cover their losses.

    Thumb up +3