Al Jazeera America, the satellite television news outlet owned by Qatar-based Al Jazeera Media Network, is shutting down less than three years after its high-profile launch, the network has confimed.
The American TV channel will cease operations by April 30, the network said, citing economic challenges in the American media market.
In a memo to staff, the channel’s chief executive Al Anstey said: “[The] decision by Al Jazeera America’s board is driven by the fact that our business model is simply not sustainable in light of the economic challenges in the U.S. media marketplace.
“I know the closure of AJAM will be a massive disappointment for everyone here who has worked tirelessly for o
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