Al Jazeera America Lost $585 million in 2 yars, acording to a lawsuit

In its brief TV life, Al Jazeera America lost more than half a billion dollars. That’s according to a lawsuit filed by the former evp of finance Anand Gupta, TV Newser reports.
According to the New York Times, Gupta is suing the now-defunct network for not being given a promised promotion. Gupta claims former network chief Ehab Al Shihabi, who was sidelined in May 2015 after being named in another employee lawsuit, promised him a promotion to CFO, but that his successor Al Antsey reneged. Gupta’s suit includes financial details including that the network had an operating loss of $250 million in 2013, and $335 million in 2014.
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