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Al Gore Sues Al Jazeera for Withholding Money From Sale of Current TV


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al-gore-sues-al-jazeera-725762Hollywood Reporter:

Current TV co-founders Al Gore and Joel Hyatt have launched a lawsuit claiming that Al Jazeera is withholding money from its $500 million purchase of the cable news network.

 

The complaint was filed under seal in the Delaware Court of Chancery.

 

Former U.S. vice president Al Gore is being represented by David Boies, the attorney who memorably represented him in the 2000 battle over a Florida election recount.

 

"Al Jazeera America wants to give itself a discount on the purchase price that was agreed to nearly two years ago," says Boies in a statement. "We are asking the Court to order Al Jazeera America to stop wrongfully withholding the escrow funds that belong to Current's former shareholders."

According to Boies, the plaintiff is also filing the case under seal with some objection.Scissors-32x32.png


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I suggest that we ALL have standing to sue Algoreblink.png

 

 

Well its nice to know Al is keeping busy. rolleyes.gif

 

 

You mean you've heard about more massage tables??LMFAO.gif

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I suggest that we ALL have standing to sue Algoreblink.png

 

 

Well its nice to know Al is keeping busy. rolleyes.gif

 

 

You mean you've heard about more massage tables??LMFAO.gif

 

 

 

No I haven't....and with any kind of luck I won't. Life is already soooo full. biggrin.png

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AL JAZEERA AMERICA STAFFERS RATTLED BY LAYOFFS, CATASTROPHIC RATINGS

 

A year after the launch of the cable news network Al Jazeera America, layoffs, rumors of more layoffs, and catastrophic ratings have staffers rattled. Writing for Columbia Journalism Review, Dean Starkman reports on the struggles of the Qatar-based cable news network but misses one vital point:

But if there is indeed a market void, Al Jazeera America, or AJAM as it’s known internally, has made little headway in filling it. Its ratings have been tiny to the point of immaterial;—17,000 viewers in primetime this year, jumping to 23,000 during the early days of the Gaza war, compared to an average of 453,000 for CNN and 1.87 million for Fox News. (The figures require a few caveats, which we’ll get to.)

The network laid off more than 60 people in April, puncturing morale and creating a climate of uncertainty, according to current and former staffers. Recently, rumors swirled around the prospect of another round of layoffs, which Al Shihabi says he addressed in a recent staff-wide conference call/meeting, saying layoffs, if any, would amount to no more than 20 people.

What Starkman misses is what has to be most grating to AJAM: The network has absolutely no impact on the national conversation or news cycle.Scissors-32x32.png

http://www.breitbart.com/Big-Journalism/2014/08/20/al-jazeera-america-staffers-rattled

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AL JAZEERA AMERICA STAFFERS RATTLED BY LAYOFFS, CATASTROPHIC RATINGS

 

 

 

Am I supposed to feel bad? Because if I have to I will...otherwise I'm thinking "Life Is Full Of Disappointments...This Is One Of Them...Deal with It.

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