Aljazeera

Aljazeera

...The station remains partly dependent on the emir of Qatar for funding. Now rivaling the BBC in worldwide audiences Al Jazeera was started with a $150 million grant from the emir of Qatar; it aimed to become self-sufficient through advertising by 2001, but when this failed to occur the emir agreed to continue subsidizing it on a year-by-year basis ($30 million in 2004[1], according to Arnaud de Borchgrave). Other major sources of income include advertising, cable subscription fees, broadcasting deals with other companies, and sale of footage (according to Pravda[2], "Al-Jazeera received $20,000 per minute for Bin Laden's speech".) In 2000, advertising accounted for 40% of the station's revenue[3].
The channel began broadcasting in late 1996. In April of that year, the BBC World Service's Arabic language TV station, faced with censorship demands by the Saudi Arabian government, had shut down after two years of operation. Many of the former BBC staff members joined Al Jazeera. By 2005, Al Jazeera plans to expand its operations by setting up an English Channel satellite service called Al Jazeera International. Its Asian bureau will be in Kuala Lumpur. Its European bureau will be in London and its American Bureau will be in Washington D.C..
Viewership
It is widely believed internationally that inhabitants of the Arab world are given limited information by their governments and media, and that what is conveyed is biased. Many people see Al Jazeera as a more trustworthy source of information than government and foreign channels. As a result, it is probably the most watched news channel in the Middle East.
Increasingly, Al Jazeera's exclusive interviews and other footage are being rebroadcast in American, British, and other western media outlets such as CNN and the BBC. In January 2003, the BBC announced that it had signed an agreement with Al Jazeera for sharing...

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