waspleg writes: Executives of Al Jazeera America (AJAM) held a meeting at 2 p.m. Eastern Time to tell their employees that the company is terminating all news and digital operations in the U.S. as of April 2016, resulting in the loss of hundreds of jobs. AJAM has been losing staggering sums of money from the start. That has become increasingly untenable as the network's owner and funder, the government of Qatar, is now economically struggling due to low oil prices. The decision was made recently to terminate AJAM, which allows the network to terminate all of its cumbersome distribution contracts with cable companies, and re-launch its successful Al Jazeera English inside the U.S.
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