Pan-Arab Al-Jazeera pays $500M for Current TV in bid for stronger US foothold

AP report:

Al-Jazeera is spending $500 million to acquire Current TV, the left-leaning cable news network co-founded by former Vice President Al Gore. The deal gives Al-Jazeera access to about 50 million homes. As part of an expansion, the network is promising to hire more journalists and double the number of U.S. news bureaus it has.

FINALLY, INCONTROVERTIBLE PROOF THAT LIBERALISM IS A MUSLIM CONSPIRACY

Nah, but this is an interesting acquisition. The linked article goes in pretty deep on this thing, as far as typical reporting goes, so check it out.