While Al Jazeera insisted that the initial complaint last week from the ex-VP and former Current TV CEO Joel Hyatt be sealed, a now heavily redacted version sheds light on what exactly the $65 million in escrow that AJ won't hand over...Show More Summary
New details emerge from the former VP's lawsuit read more
In a piece for The Washington Post, blogger Carter Eskew recently argued, “It's time for a new dialogue on abortion.” Eskew, director at The Glover Park Group (which lobbies for Planned Parenthood) and former strategist for Al Gore,Show More Summary
Al Jazeera America (AJA) dismissed the claims of Current TV founders Al Gore and Joel Hyatt, who sued the network last week for refusing to turn over any of the estimated $65 million that was being held in an escrow account that was created when Al Jazeera agreed to buy Current TV last year. In […]
The Al Jazeera America television network is rejecting claims it owes former Vice President Al Gore and his business partner $65 million.
The news that Al Gore is suing Al Jazeera America for millions of dollars owed him from the purchase of his Current TV network rocked the media world last week. After all, who knew Al Jazeera America still existed? But AJA is still there (probably), snug in the old Current TV channel slot on your cable guide. It’s just that you’re not watching. Neither is anyone else. read more
Al Jazeera came out strongly today against former Vice President Al Gore‘s lawsuit against the network. Reuters reports the network is rejecting Gore’s claims that they owe former Current TV shareholders millions of dollars in escrow...Show More Summary
Al Jazeera America issued a forceful statement Wednesday, dismissing Al Gore's fraud suit against the purchasers of his TV network and calling the characterization of the conflict overblown.
(Reuters) - TV broadcaster Al Jazeera rejected allegations of fraud and breach of contract leveled by Al Gore and Joel Hyatt over their sale of Current TV to the Middle East-based company in 2013. Third parties contend that Current TV...Show More Summary
(Reuters) - Al Jazeera on Tuesday rejected allegations from Al Gore and Joel Hyatt, the founders of Current TV, saying they were false and potentially misleading. Al Jazeera acquired Current TV for an estimated $500 million in 2013.Show More Summary
Al Gore says Al Jazeera America is withholding $65 million from Current Media shareholders after buying the cable channel last year, and he's gone to court to get it. "Al Jazeera America wants to give itself a discount on the purchase price that was agreed to nearly two years ago," said David Boies, a lawyer representing the former vice president. Show More Summary
When Al-Jazeera bought Current TV for $500 million in January 2013, former Vice President Al Gore, who co-founded Current, praised the deal. Both Al-Jazeera, a network owned by Qatar’s oil-rich royal family, and his far-left CurrentShow More Summary
Al Gore and his business partner have filed a lawsuit against Al Jazeera for fraud and breach of contract in connection with the sale of Current TV. Gore and his partners sold Current TV to the Al Jazeera satellite news network in late 2012 for $500 million, $100 million of which apparently went — or
From TVNewser to FishbowlNY, here are your top stories from across Mediabistro. TVNewser Al Gore Suing Al Jazeera Over Current TV Sale Lost Remote Internet Stars Rule the Teen Choice Awards AllTwitter Twitter Adds New Features for Verified...Show More Summary
Click here to receive Mediabistro’s Morning Media Newsfeed via email. Al Gore Sues Al Jazeera Over $500 Million Current TV Deal (Bloomberg) Former U.S. Vice President Al Gore has sued Al Jazeera, claiming the satellite news provider owned by the Qatari royal family owes him and a partner $65 million from a deal to buy his network, Current TV. Show More Summary
“Greed, for the lack of a better word, is good.” Who knew that former Democratic vice president Al Gore would embody that Oliver Stone movie mantra? Gore’s filed a lawsuit in Delaware against Al Jazeera America claiming its owners (the...Show More Summary
Dispute over money in escrow escalates to charges of fraud.
The dispute centers on Al Jazeera’s refusal to turn over “tens of millions of dollars” remaining in an escrow account and still owed to the selling shareholders of Current TV, according to the lawyer representing Mr. Gore.