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Al-Jazeera pays $500M for Current TV

January 4, 2013
By RYAN NAKASHIMA , THE ASSOCIATED PRESS

LOS ANGELES - With its $500 million purchase of left-leaning Current TV, the Pan-Arab news channel Al-Jazeera will soon be seen in tens of millions of U.S. homes. It's a steep price, but the acquisition helps the network in its aim to quickly spread its message to more Americans.

 
 
 

 

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