From Capital New York:
Al Jazeera America, a cable news channel that debuted in August 2013, is shutting down. Employees were informed of the decision during an all-hands staff meeting on Wednesday afternoon.
During the meeting, Al Jazeera America brass said the channel’s business model was “no longer sustainable.” It will shut down by April 30, an Al Jazeera America executive told staff, saying the decision was made by the channel’s board of directors and was not a reflection of the quality of their work.
As discussed in Episode 0005.