Al Jazeera acquires Al Gore's Current TV cable network, reports Forbes and the New York Times.

Al Jazeera is apparently planning to scrap the programming lineup and replace the Current brand with a new network called Al Jazeera America which will have a focus on international news. Forbes has also published Current CEO Joel Hyatt's memo about the purchase, in which the CEO touts Al Jazeera's journalistic work:

"We were impressed with all that we learned about Al Jazeera and its journalistic integrity, global reach, award-winning programming, and growing influence around the world."

Current was cute when it was first launched. But today it’s been turned into an overly biased and pathetic "news" channel. So Current shutting down is great news in my opinion. I am confident that Al Jazeera will - with their unbiased, unique, and refreshing perspective of world events - bring the best journalism one can find today to US viewers. Just like the Qatar-based news broadcaster has done for viewers around the world with their international channel.