They just got sold to Al Jazeera, and they will be replacing the lineup with one of their own:

It looks as if Current TV will soon be a thing of the past. Al Jazeera, the Doha, Qatar-based news broadcaster, has agreed to acquire the seven-year-old cable channel from its co-founders, Al Gore and Joel Hyatt.

Hyatt announced the sale in a memo to employees Wednesday evening, confirming reports in The New York Times and the Hollywood Reporter that a deal was in the works.

“When considering the several suitors who were interested in acquiring Current, it became clear to us that Al Jazeera was founded with the same goals we had for Current,” Hyatt wrote. “Al Jazeera, like Current, believes that facts and truth lead to a better understanding of the world around us.”

Al Jazeera plans to scrap Current’s programming lineup and brand, which never caught on with a critical mass of viewers, and use the channel’s subscriber base of 60 million households as the basis for a new network. A Current spokeswoman had no immediate comment on the reports.

I understand why the deal was made: Current has access to over 100 million eyes, Al Jazeera just a fraction of that, because of our culture of bigotry and xenophobia adopted following 911.

Time Warner has already canceled their contract on the change of ownership clause, but they already carry Al Jazzera, so it might just be that they don’t want to give them two channels.