Al Gore Currently in Court over Al Jazeera Sale
Former Vice President Al Gore, Current TV LLC and others were recently sued in California state court by John Terenzio, an entertainment consultant from the Los Angeles consulting firm TAP, Inc. Terenzio accuses Gore and the other defendants of selling Current TV to the Al Jazeera Media Network two months ago without providing Terenzio the compensation he claims he is owed for setting up the terms of the transaction with the Qatar-based media giant. The suit for breach of implied agreement seeks at least $5 million in compensatory damages.
Al Jazeera’s January move to acquire Current TV was part of its strategy to set up a New York-based U.S. news channel. Its acquisition of Gore’s struggling company will double the number of U.S. workers Al Jazeera employees to over 300.
Commenting on the sale, Gore stated, “We are proud and pleased that Al Jazeera, the award-winning international news organization, has bought Current TV . . . . Al Jazeera, like Current, believes that facts and truth lead to a better understanding of the world around us.”