Al Jazeera America To Shut Down Services By April 30

Posted: Jan 14 2016, 5:23am CST | by , Updated: Jan 14 2016, 8:50am CST, in News | Latest Business News


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Al Jazeera America Newsroom
Photo credit: AFP

Citing an unsustainable business model as the reason for its recent decision, the management of Al Jazeera America has announced that the cable TV and digital operations of the news organization will be shut down by April 30, 2016.

In an email written to employees, Al Jazeera America (AJAM) CEO Al Anstey stated that the board of the organization took the steps because “our business model is simply not sustainable in light of the economic challenges in the US media marketplace.”

CEO Anstey pointed out that the decision of the management to wind down operations for the US market is not a reflection of the efficiency of its staff, and agreed that “I know the closure of AJAM will be a massive disappointment for everyone here who has worked tirelessly for our long-term future,” but promised that the company’s undivided excellence at journalism is part of the reason for the closedown, adding that the employees of the news organization are part of the company’s success story.

Al Jazeera Media Network had earlier noted that it is expanding its global digital services into the US, almost coinciding with AJAM’s announcement to shut down.

The Al Jazeera Media Network in a statement disclosed that news audiences all over the world are turning to multiple platforms and mobile services among others for up-to-date news and information, and that its expansion into US market will enable almost everyone to access its journalism products anytime and anywhere.

“By expanding its digital content and distribution services to now include the U.S., the network will be better positioned to innovate and compete in an overwhelmingly digital world to serve today’s 24-hour digitally focused audience,” AJMN had said.

Anstey thanked the Al Jazeera America employees for their dedication to the company’s ideals, promising that “In the months to come, we will do everything that we can to support you, to work with you and to ensure you are shown the respect you deserve.”

Within a few months of entering into the news industry, Al Jazeera America’s profiles quickly rose among consumers and peers in the industry – in the light of its unrivaled journalism. A few months after launching, AJAM started winning several awards and prizes, and these included those from DuPont, Gracie, Eppy, Emmy, and Peabody to a Shorty Award for best Twitter newsfeed, and the Newswomen’s Club of New York’s Front Page awards.

The National Association of Black Journalists and the Native American Journalism groups among others also frequently cited AJAM for its professional journalism.

“Our editorial excellence was demonstrated time and time again on the major stories of recent months,” Anstey wrote. “And we continue to win praise from our colleagues in the industry and from our viewers for the quality of our output. Between now and April, we will continue to show America why AJAM has won respect and the fierce loyalty of so many of our viewers.”

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<a href="/latest_stories/all/all/52" rel="author">Charles I. Omedo</a>
Charles is covering the latest discoveries in science and health as well as new developments in technology. He is the Chief Editor or Intel-News.




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