Story is not talking about the Current TV one that was on Sky and Virgin Media.
Current TV in USA was sold to Al Jazeera so that Al Jazeera launch in USA (But some TV networks drop Current TV USA when their did hear about the takeover.)
The UK one was axe due to Sky stopping paying Current TV UK the % of Sky viewers money to them.
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http://mediaboyblog.blogspot.co.uk/2...down-time.html