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Al Gore's Current Media Plans to Sell Shares in IPO
Jan. 28 (Bloomberg) -- Current Media Inc., the television news network co-founded by former U.S. Vice President Al Gore, plans to raise as much as $100 million in an initial public offering.
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Current Media, which has yet to turn an annual profit, lost $9.86 million in 2007. The company said it expects to continue to incur losses in the future as it invests more money to build the business.
Just want to know what all of ya think about this.
Didn't Current turn a profit last year? That's what I heard. Jan. 28 (Bloomberg) -- Current Media Inc., the television news network co-founded by former U.S. Vice President Al Gore, plans to rais... more -
Current TV expands limits by having users create broadcast content
Seventy percent of the 18- to 34-year-olds watching Current TV are noodling around on their laptops at the same time.
On Monday, the 2-year-old San Francisco network began tapping into that juxtaposition with a plan aimed at drawing viewers to Current's Web site, then back to the TV station, in the latest bid for media's holy grail: the convergence of online and broadcast worlds.
At the new site, current.com, viewers now can take assignments from network producers and vie to have their clips shown on television.
Seventy percent of the 18- to 34-year-olds watching Current TV are noodling around on their laptops at the same time. ... more -
Al and Joel take home the EMMY!!!!!
Because Current TV just won its first Emmy. Need I say more.
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Joel Hyatt
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Joel Hyatt
