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SBD Global/April 23, 2013/Media

Al Jazeera Interested In Tennis Channel As Foray Into American Sports Rolls On

Al Jazeera is "eyeing the Tennis Channel as it looks to become a player" in the U.S. sports market, according to Claire Atkinson of the N.Y. POST. The Tennis Channel would "add to Al Jazeera’s growing collection of niche cable channels." A group of private equity firms, "including Apollo, Bain, Battery Ventures, CCMP Capital and Columbia Capital, owns the Tennis Channel." While the channel reaped about $100M in revenue last year, its value is "hard to peg, but sports programming is considered valuable to a lot of media players" (N.Y. POST, 4/19).
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