Didn't Current TV used to be a News channel before Al Gore bought it up anyway?
To an extent, yes. Most of Newsworld International relied on CBC's news channel, but they also aired a lot of NHK, DW-TV, and apparently even ITV.
I was a big fan of the original Current, which for the most part showed 3-7 minute videos all day. I really enjoyed the mix of smart short-form documentaries, news pieces, and cultural analysis. But they weren't making money doing that, and since then, it's had an identity crisis and as of late is trying to out-MSNBC MSNBC.
This is fantastic news. I already get Current on my cable lineup, and I've always wanted Al Jazeera to have a bigger presence in the American market. I suppose having an American-based subsidiary channel is likely a good way to go.