Al Jazeera Cable TV to Stop Operation this Year

Al Jazeera America has announced that its
cable TV and digital output will stop
operations by April 30. Al Anstey, Al Jazeera
America’s CEO, the decision was “driven by
the fact that our business model is simply
not sustainable in light of the economic
challenges in the U.S. media marketplace.”
Alongside the announced closure, Al
Jazeera’s staff also stated that the parent
company will be looking to “commit to a
significant expansion of its worldwide
digital operations into the U.S. market” so
that the company can “be better positioned
to innovate and compete in an
overwhelmingly digital world to serve
today’s 24-hour digitally focused audience.”
Anstey promised that the network will
continue to work to its fullest capabilities
until it shuts down.
“Between now and April, we will continue
to show America why AJAM has won respect
and the fierce loyalty of so many of our
viewers,” Anstey said.

Source:- GurusLoaded