Al Jazeera America Closing, Citing Challenges for U.S. Media
- Business model `simply not sustainable,' CEO Anstey says
- Herring interested in Al Jazeera's carriage on pay-TV systems
The main control room in the Al Jazeera America television broadcast studio on West 34th Street in Ne York, on Aug. 16, 2013.
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Al Jazeera is shutting down its U.S. television and digital operations, citing a tough business climate for media companies.
Started in 2013, Al Jazeera America will end operations by April 30, Al Jazeera Media Network said in a statement Wednesday. Charles Herring, president of closely held Herring Networks Inc., expressed interest in acquiring its slot on cable systems.