January 31, 2005 |
Al Jazeera, the Arab satellite TV station that has drawn the ire of officials in Washington, is studying how to become a private company without subsidies from Qatar's government, a station spokesman said Sunday. Since its start in 1996, Al Jazeera has won a large following across the Arab world with a reputation as an independent voice in a region where most news media are state-controlled. U.S.
November 8, 2012 |
Peter Chernin's media company has received an investment of approximately $100 million from Qatar Holding, considerably expanding its ability to make strategic acquisitions. "The Chernin Group will use this capital to expand and diversify the company's media and entertainment operations in the U.S. and across Asia," the company said in a statement Thursday. Terms of the deal were not officially disclosed, but a person familiar with the agreement put the investment in the $100-million range.
January 3, 2013 |
Al Jazeera hopes it can succeed where Al Gore failed with Current TV. Gore and his business partner Joel Hyatt tried to turn Current TV into a legitimate news/talk channel and compete with MSNBC for liberal-minded viewers. Current spent heavily to woo commentator Keith Olbermann, hoping he'd be the linchpin of the channel. Instead, Olbermann clashed with management and was bounced out last March, barely a year into a five-year deal. With him went any momentum Current had to increase its tiny audience and add advertisers.
February 3, 2002 |
An influential Arab television station said Saturday that it never aired an October interview with Osama bin Laden because the interview was conducted under duress and the questions were dictated to its correspondent. The statement from Al Jazeera was the latest round in a rift between the satellite outfit and CNN over the Bin Laden interview.
July 23, 2013 |
After the coffee. Before seeing if I won the baby pool. The Skinny: I was just thinking it is time to watch "Midnight Run" again when the sad news that Dennis Farina, who has a memorable role in that underappreciated comic classic, had died. I've been afraid to watch "Midnight Run" again because Robert DeNiro makes those Marlboros look so good. Tuesday's headlines include Al Jazeera putting a management team in place, Netflix reporting second-quarter earnings and a popular Univision radio host is history.
December 7, 2010 |
With the sale of Miramax Films completed, the future of the pioneering independent studio will be a test of one of Hollywood's newest sources of money: Colony Capital. Since the 19-year-old Santa Monica investment firm joined in late June with construction magnate Ron Tutor to bid for Miramax, Colony has taken the lead in shaping the acquisition, raising money and charting a new course for the studio. The $663-million deal's lead investor was the Qatar government's sovereign wealth fund, which was recruited by Colony founder and Chief Executive Tom Barrack.