4 Jan 2013

Al Jazeera buys US cable station

5:37 am on 4 January 2013

International television news channel Al Jazeera has bought an American cable station Current TV for an undisclosed sum.

The deal should allow Al Jazeera to reach millions more homes in the United States, where the Qatar-based network has previously struggled to achieve widespread distribution.

Media reports in the US say it is planning to launch a new channel called Al Jazeera America.