The Purchase of ART Sports Channels
On Tuesday, 24 November 2009, Al Jazeera Sports officially announced after various rumors on many web sites the purchase of ART sports channels, which includes the brand name and all sports rights held by the channel, including the FIFA competitions rights. The announcement was made at a conference at the Ritz-Carlton, Doha, Qatar. The purchase agreement allows the subscribers of both networks to view all ART channels and Al Jazeera channels, plus ESPN, ESPN Classic and ESPN America until 31 December. At that time the ART Sports Channels 1-6 will cease operation, allowing Al Jazeera Sports to become the largest sports network in the Middle East and North Africa.
The agreement was welcomed by many locals as Al Jazeera Sports as the value of sporting rights held by the channel is much more than the price paid to view them.
Read more about this topic: Al Jazeera Sports
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