Get All Access for $5/mo

That's A Wrap: Al Jazeera America Calls It Quits After announcing that the channel will shut down in April 2016, AJAM CEO Al Antsey said their business model wasn't "sustainable in light of the economic challenges in the U.S. media marketplaces."

By Kareem Chehayeb

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Al Jazeera America

When Al Jazeera America (AJAM) launched in late August 2013, it was rather well received by its American audience. Purchasing Current TV for US$500 million, owned by Al Gore, it promised to provide the alternative news coverage and analysis on American politics that many viewers seemed to crave. However, less than three years later, it seems it was simply not meant to be. After announcing that the channel will shut down in April 2016, AJAM CEO Al Antsey said their business model wasn't "sustainable in light of the economic challenges in the U.S. media marketplaces." On a lighter note, some people claim AJAM's shutdown is due to the declining oil prices, despite Qatar being a massive natural gas exporter.

So, what really happened? While Antsey's statement is valid, it must be noted that AJAM always had a tough task on their hands. There were a few internal rows, but there is more to it as well. In the digital age where a television channel can be live-streamed anywhere in the world on its website or on a mobile app, could this be a case of redundancy? Al Jazeera English has been a huge hit among international audiences, and with AJ+ providing an interesting and innovating method of sharing the news via social media platforms, AJAM was struggling to stand out from its peers. Unfortunately, with the shutdown of AJAM, many talented reporters, journalists, producers, and other workers will lose their jobs, but one can hope that their skills will now be put into something that will shine in the long term.

Kareem Chehayeb

Former Columnist & Online Liaison, Entrepreneur Middle East

Entrepreneurs

Here Are The 20 Startups Selected For The Eighth Cohort Of The MBRIF Innovation Accelerator Program

The final participants of the year-long program were selected from over 200 applicants from across 35 countries.

Growth Strategies

Connecting Strategy With Purpose: A Shared Vision For Dubai's Quality Of Life

The unveiling of the Dubai Quality of Life Strategy 2033 marks a new era in the Emirate that is focused on prioritizing resident well-being and happiness.

Productivity

Why Simplicity Matters in Product Development

For simplicity to happen, it has to be everywhere, embraced by everyone

News and Trends

UAE-Based Shorooq Partners Makes First Investment In Türkiye By Leading A US$5 Million Seed Round In Traveltech Startup Roamless

Mahmoud Adi, Founding Partner of Shorooq Partners, said in a statement that Roamless is "a company poised to disrupt the traveltech industry."

Technology

Why Entrepreneurs And Enterprises Should Not Rush Into Fine-Tuning GenAI Or LLMs

By embracing a governance-first approach, we can unlock the transformative power of GenAI.

Finance

The Recap: Leaders In Fintech Awards 2023

The Leaders in Fintech Awards 2023 was staged by Entrepreneur Middle East with the support of in5, Idealz One, Numei Real Estate and Fluidmeet.