Al Jazeera’s $500m ‘American Dream’ is a risky gamble

[Hortical]

Current TV bought for $500M

As such, if a non-profit state-backed organization such as Qatar Foundation was happy to throw away 150 million Euros to sponsor a Spanish soccer team (Barcelona FC) back in 2010 (with no real benefit from the exposure for the non-profit organization); it was certainly not a surprise to many when the Qatari state-funded broadcaster said earlier this month that it would buy Current TV, which was cofounded by former American vice-president Al Gore in 2005, for a whopping $500 million.

read more
http://english.alarabiya.net/article...19/261234.html