As NewsBusters reported Wednesday, Al Jazeera entered into an agreement to buy Al Gore’s failing network Current TV.
Hours later, as a result of the purchase, Time Warner Cable dropped the station with a message reading to viewers “This channel is no longer available on Time Warner Cable.”
According to multiple news sources, Current co-founder Joel Hyatt said in a statement that TWC dropped his TV network because TWC “did not consent to the sale to Al Jazeera.”
“Current will no longer be carried on TWC,” wrote Hyatt. “This is unfortunate, but I am confident that Al Jazeera America will earn significant additional carriage in the months and years ahead.”
The Huffington Post reported late Wednesday, “A Time Warner Cable spokesman said in a statement that ‘our agreement with Current will be terminated and we will no longer be carrying the channel.'”
Given TWC’s 12.5 million subscribers, it will be interesting to see how and if this impacts Al Jazeera’s decision to purchase Current.