Big Oil is bad unless it funds Al’s bank account.
Al Gore’s Current TV confirmed Wednesday evening that it has been sold to Al Jazeera for an estimated $400 to $500 million, with the former vice president set to pocket up to $100 million from the sale.
Big money from Big Oil going into the pockets of a hypocritical big mouth.
In an email sent to Current TV’s staff, co-founder and former chief executive officer Joel Hyatt describes the selling process he and co-founder Al Gore went through in considering sale to Al Jazeera, acknowledging Current TV was a failed model.
Hyatt points to the Al Jazeera’s many accomplishments, including its global reach and for being the “only news network” that Obama-supporter Colin Powell watches, as factors in their decision.
Gore refused to sell his failed network to Glenn Beck saying Beck was too right-wing but had no problem selling to a organization who criminalized homosexuality, discriminates against non-Muslims, prosecutes journalists, and has a “Not Free” rating from Freedom House.
The announcement makes clear that Al Jazeera plans to create a new international news network for an American audience called “Al Jazeera America.”