Skip to comments.
Al Gore's Current TV Withdraws Initial Public Offering
FOXNews.com ^
| Tuesday, April 14, 2009
| Reuters
Posted on 04/15/2009 11:07:30 AM PDT by DigitalVideoDude
NEW YORK — Current Media Inc, parent of Current TV, the youth-focused television network launched by former U.S. Vice President Al Gore, has withdrawn plans for an initial public offering.
In a letter on Friday advising U.S. securities regulators of its decision, the company cited "current market conditions." Only two IPOs have launched so far in 2009, while 16, including, Current Media, have been canceled.
"It's still early for a young company in this sector to be coming to market with a new issue at this point," said David Joyce, an analyst at Miller Tabak & Co.
"Generally, the market conditions are improving, but the advertising market is still finding its bottom right now."
(Excerpt) Read more at foxnews.com ...
TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: algore; currenttv; ipo; liberalmedia; lockbox; nevermind; riskyscheme; runslikeagirl
Note to self: Remove CurrentTV from my favorites list on DISH.
To: DigitalVideoDude
I've been saying this for 2 years.
Global Warming is all about Al Gore's stock options.
2
posted on
04/15/2009 11:09:58 AM PDT
by
Zathras
To: DigitalVideoDude
withdrawn plans for an initial public offering
Have they drafted plans
for a government bailout?
That climate seems hot . . .
To: DigitalVideoDude
Never knew about Current. Is it the global warming channel 24/7?
To: DigitalVideoDude
the advertising market is still finding its bottom Al Gore couldn't find his own bottom with both hands...
5
posted on
04/15/2009 11:12:31 AM PDT
by
Izzy Dunne
(Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
To: DigitalVideoDude
This IPO has been on again off again for a while. Maybe it's Alternating Current TV.
6
posted on
04/15/2009 11:13:29 AM PDT
by
dblshot
To: max americana
I thought it was just a random ‘documentary’ channel. Knowing it’s an Algore creation... it’s off my list.
7
posted on
04/15/2009 11:14:45 AM PDT
by
DigitalVideoDude
(It's amazing what you can accomplish when you don't care who gets the credit. -Ronald Reagan)
To: DigitalVideoDude
"It's still early for a young company in this sector to be coming to market with a new issue at this point," said David Joyce, an analyst at Miller Tabak & Co. When I read this line I was reminded of the scene in Animal House, where Greg Marmalard was speaking at the Student Council meeting, while the Delta Tau Chi members coughed a word for bovine excrement under their breath.
8
posted on
04/15/2009 11:34:50 AM PDT
by
COBOL2Java
(Obamanation: an imploding administration headed by a clueless schmuck, with McCain as his Kowakian)
To: DigitalVideoDude
I actually attempted to watch a few minutes of their insipid programming...could qualify as torture material if used at GITMO.
9
posted on
04/15/2009 11:35:31 AM PDT
by
Prov1322
(Enjoy my wife's incredible artwork at www.watercolorARTwork.com! (This space no longer for rent))
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson