It is a fact that the infamous middle eastern satellite TV news network Al Jazeera has been in difficult financial straits since its "extreme" coverage of hostages, beheadings etc. chased away many advertisers. It is also a fact that, in order to raise money to continue operations, Al Jazeera has for months considering selling stock in its network.
I just heard a report on ABC radio that Rupert Murdock, the billionaire owner of Fox News Network and many other media outlets, has just cut a deal to buy out the Al Jazeera network !!!




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