Tuesday, November 19, 2013

Freefalling

Al Jazeera, backed by oil profits of the sheik who owns Qatar, is having a little trouble breaking into the American market. The latest ratings show it with an average of 13,000 viewers, which is half of the 31,000 average of the prior channel, Current TV. The current U.S. population is 313,900,000 and the average American watches 4-6 hours of television per day. It would appear that there is a lot of room for market penetration. Or not. Current was owned by yes, Al "That Great Patriot and Greenie" Gore and he unloaded the turkey for $500M, which I guess evens out the trade imbalance a little bit with the Gulf states - an illustration of the Invisible Hand doing its thing. 

www.breitbart.com/Big-Journalism/2013/11/18/Al-jazeera-america-loses-more-than-50-percent-current-tv-audience

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