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Al Gore Sued Over Al Jazeera’s Acquisition of Current TV
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FBN’s Adam Shapiro on the lawsuit against Al Gore over the deal to sell Current TV to Al Jazeera.
- Duration 1:27
- Date Mar 7, 2013
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FBN’s Adam Shapiro on the lawsuit against Al Gore over the deal to sell Current TV to Al Jazeera.
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While former vice president Al -- apparently being sued over the deal to sell current TV -- -- to zero.
Fox business's Adam Shapiro has more on that from our -- -- -- already face -- -- -- criticism over the steel now lawsuit.
Yet to lawsuit that comes at the Hollywood reporter broke this story apparently the lawsuit was filed earlier this week in San Francisco by -- by the name of John -- GO.
He is -- -- -- he is self proclaimed media consultant who.
Essentially says look it was his idea along with Lafayette a finance guy from a capital fund.
To approach challenges here as well as the board of directors of current TV to sell.
To Al-Jazeera.
They actually went through.
Guy by the name of -- he's married to Nancy Pelosi to get to the board of directors and Al Gore.
And he says a lawsuit that gore.
Was not in favor of the deal until they looked at their point presentation.
And how to make a close and then signed on they're suing for about fifteen million dollars because they say they never got paid for the idea which was -- in the first place to sell.
Current TV -- as there.
An interesting and speaking at television Adam what's pilot pay TV prices right now nothing no one's asked to raise them by the U they're laying the foundation to do that you got the CFO from DirecTV.
Actually saying at a conference the Deutsche Bank investors conference.
That their programming costs went up 8% this year but they only raise -- four point 5% so do the math.
Get ready for a fee hike all right we will give thanks that that -- -- hear from the new user might get stuck out of the it and.