Al Jazeera America will shut down in April.
The cable news network announced today it will shutter operations April 30, citing the “unsustainability” of its operations.
The closure relates just to the American channel, not the global print arm headquartered in the Middle East.
“[The] decision by Al Jazeera America’s board is driven by the fact that our business model is simply not sustainable in light of the economic challenges in the U.S. media marketplace,” said Al Jazeera America’s chief executive Al Anstey, in a memo to staff.
“I know the closure of AJAM will be a massive disappointment for everyone here who has worked tirelessly for our long-term future,” he continued. “The decision that has been made is in no way because AJAM has done anything but a great job. Our commitment to great journalism is unrivaled.”
The freshman network launched in August 2013, a metamorphosis after a purchase of Al Gore’s Current TV. The deal was brokered for $500 million. The channel struggled to gain a foothold, with primetime viewers sometimes failing to break the 30,000 mark, according to the New York Times.
Al Jazeera America originally promised to offer a new, unbiased voice in TV reporting, though some critics argued it strayed too far into anti-Zionist territory, a critique often lodged at its parent arm.