Accessibility/Mobile Features
Skip Navigation
Skip to Content
Editorial News
Business
Classified Sites

The Canadian Press - ONLINE EDITION

Al Gore sues Al Jazeera America for unpaid millions in sale of Current TV

FILE - In this Jan. 13, 2012 file photo, former Vice President Al Gore, Current TV Chairman and Co-Founder, participates in the Television Critics Association Winter Press Tour in Pasadena , Calif. Former Vice President Al Gore is suing Al Jazeera America, saying the news network is withholding tens of millions of dollars that it owes for buying Current TV from him and other shareholders for $500 million last year. (AP Photo/Danny Moloshok, File)

Enlarge Image

FILE - In this Jan. 13, 2012 file photo, former Vice President Al Gore, Current TV Chairman and Co-Founder, participates in the Television Critics Association Winter Press Tour in Pasadena , Calif. Former Vice President Al Gore is suing Al Jazeera America, saying the news network is withholding tens of millions of dollars that it owes for buying Current TV from him and other shareholders for $500 million last year. (AP Photo/Danny Moloshok, File)

LOS ANGELES, Calif. - Former Vice-President Al Gore is suing Al Jazeera America, saying the news network is withholding tens of millions of dollars that it owes for buying Current TV from him and other shareholders for $500 million last year.

David Boies, Gore's attorney, said in a statement that Al Jazeera America "wants to give itself a discount on the purchase price that was agreed to nearly two years ago." He said the suit was filed in Delaware Court of Chancery on Friday.

Al Jazeera America didn't immediately respond to a request for comment.

The Qatar-owned news channel took over Current TV's signal last August and hired a slew of U.S. TV news veterans like Soledad O'Brien and John Seigenthaler. It is available in nearly 60 million U.S. homes.

Gore and co-founder and former Current TV CEO Joel Hyatt each had 20 per cent stakes in Current, while Comcast Corp. had less than a 10 per cent stake. Another major investor in Current TV was supermarket magnate and entertainment industry investor Ron Burkle.

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

letters

Make text: Larger | Smaller

Brandon Sun Business Directory
The First World War at 100

Social Media

Canadian Mortgage Rates