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Al-Jazeera channel pays $550M for Current TV
By: Associated Press - Texarkana Gazette
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.<... Published: 01/06/2013
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