Al Jazeera Balkans current affairs, business, technology, and sports highlights. On 22 September 2010, after months of speculation, the Qatari government-owned Al Jazeera Media Network announced the US$1.56 million purchase of NTV 99, a local channel based in Sarajevo, Bosnia and Herzegovina. Named Al Jazeera Balkans (AJB), the project was envisioned as "a leader in providing high quality news and current affairs in the region [of former Yugoslavia]" with planned offices throughout the Balkans and bureaus in key locations worldwide. Soon after the purchase announcement, Al Jazeera made a lease agreement with BBI Real Estate regarding the usage of the 800m space at
Al Jazeera America at 3:00 p.m. Eastern Time on that date, with an hour-long preview special entitled "This is Al Jazeera". News coverage began immediately afterward at 4:00 p.m. Al Jazeera America's website launched on August 8, 2013. On January 14, 2016, the Al Jazeera Media Network announced that it would shut down Al Jazeera America's cable TV and digital operations on April 30, 2016, citing plummeting oil prices and the highly competitive nature of the American media market. It was also reported that this closure would lead to the loss of about 700 jobs. During its two-year history, Al Jazeera America won