Al Jazeera America to shutter in April

Al Jazeera America announced it is to shut down in April, a little more than two years after it first launched. The shuttering was announced at a company-wide meeting Wednesday, the Digital Journal and other media report.
According to the New York Times, Al Anstey, Al Jazeera's chief executive, said in a memo that the "decision by Al Jazeera America’s board is driven by the fact that our business model is simply not sustainable in light of the economic challenges in the U.S. media marketplace."

Al Jazeera America will officially leave the airwaves on April 30. Following the closure, Anstey said, Al Jazeera will expand its digital presence in the U.S. Al Jazeera bought Current TV on Jan. 3, 2013 for $500 million. In Aug. 2013, Al Jazeera America went onto the air, promising it would examine American politics more seriously than other American media organizations. More
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