The deal underscored the growing importance of strategic investors motivated by business strategies and not just financial incentives, points out Porter Bibb, managing partner of MediaTech Capital.

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"I think it's a very, very well-done news network, " said media expert and former White House correspondent Porter Bibb of Mediatech Capital Partners in New York, where he listens to a related network, Al Jazeera English, now available in a tiny fraction of U.S. markets.

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