Al Jazeera America to shut down at the end of April

Al Jazeera Media Network said Wednesday it is shutting down its Al Jazeera America operations by April 30 after just two-and-a-half years on the air. “While Al Jazeera America built a loyal audience across the US and increasingly was recognized as an important new voice in television news, the economic landscape of the media environment has driven its strategic decision to wind down its operations and conclude its service,” the company said in a statement. The Doha, Qatar-based Al Jazeera said it is planning to expand its existing international digital services with the aim of making it available across more platforms in the U.S. It said it will provide more details of those plans in the coming months. Al Jazeera was launched in 1996 with the aim of becoming the first independent news channel in the Arab world providing news and commentary.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply