(NEW YORK) — Al-Jazeera has acquired Current TV, its co-founders confirmed on Wednesday.
In a statement posted on its Facebook page, Current TV Chairman Al Gore and CEO Joel Hyatt announced, “We are proud and pleased that Al Jazeera, the award-winning international news organization, has bought Current TV.”
The two said that Al Jazeera, which is owned by the government of Qatar, shares goals that are in line with that of Current TV.
“Current Media was built based on a few key goals: To give voice to those who are not typically heard; to speak truth to power; to provide independent and diverse points of view; and to tell the stories that no one else is telling. Al Jazeera, like Current, believes that facts and truth lead to a better understanding of the world around us,” Gore and Hyatt said.
The purchase could help Al-Jazeera reach a broader audience in the U.S.
Copyright 2013 ABC News Radio
Seth Fiegerman, CNN