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Al Gore's Current TV putting itself up for sale
CainTV ^ | Friday October 26th, 2012 | Robert Laurie

Posted on 10/26/2012 2:22:18 PM PDT by Olog-hai

As usual, left-wing media outlets only make money when they’re being liquidated.

Founded in 2005 by Al Gore, Current TV quickly made a name for itself as a go-to source for environmental incoherence, Democrat lunacy, and far-left diatribes. If providing an outlet for liberal kooks was the goal, it succeeded admirably. However, if it was trying to attract viewers, well, it’s had some difficulty. Now, it’s up for sale.

CEO Joel Hyatt recently told the New York Post that “Current has been approached many times by media companies interested in acquiring our company. This year alone, we have had three inquiries. As a consequence, we thought it might be useful to engage expertise to help us evaluate our strategic options.” That’s big-time TV exec speak that roughly translates as “We’re getting ready to dump this turkey.” …

(Excerpt) Read more at caintv.com ...


TOPICS: Business/Economy; Crime/Corruption; Editorial; News/Current Events
KEYWORDS: algore; currenttv; currentv; liberalwackos

1 posted on 10/26/2012 2:22:20 PM PDT by Olog-hai
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To: Olog-hai

I think Algore should have to pay some “cap and trade” money for all of the pollution he as dumped onto TV.


2 posted on 10/26/2012 2:25:34 PM PDT by FlingWingFlyer (Big Bird, Binders, Horses and Bayonets! Sorry, that is all we have to offer! - the DNC)
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To: Olog-hai

The buyers want the channel (bandwidth), not necessarily the content.


3 posted on 10/26/2012 2:28:39 PM PDT by reg45 (Barack 0bama: Implementing class warfare by having no class.)
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To: Olog-hai

Current had a theme was even further out on the left than MSNBC. A guy who watched Current for twelve hours a day....probably needed to be put into some mental ward.


4 posted on 10/26/2012 2:29:25 PM PDT by pepsionice
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To: Olog-hai
This year alone, we have had three inquiries.

OWS, SOROS, MSNBC?..............

5 posted on 10/26/2012 2:29:57 PM PDT by Red Badger (Why yes, that was crude and uncalled for......That's why I said it..............)
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To: Olog-hai

I’ll bid seventy-five cents.


6 posted on 10/26/2012 2:30:48 PM PDT by eCSMaster (Indep. Payment Advisory Board = "Death Panels")
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To: Olog-hai

For your enjoyment:

AlGore reading his own poetry.

http://www.youtube.com/watch?v=MbBhMnlXBTE


7 posted on 10/26/2012 2:34:38 PM PDT by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: Olog-hai
One network for sale, slightly used watched.
8 posted on 10/26/2012 2:35:35 PM PDT by nickcarraway
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To: eCSMaster

It would be pointless for a conservative to buy it because every cable and satellite system would drop it


9 posted on 10/26/2012 2:36:37 PM PDT by GeronL (http://asspos.blogspot.com)
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To: eCSMaster
76¢..w/conditions.

10 posted on 10/26/2012 2:37:29 PM PDT by skinkinthegrass (Anger a Conservative by telling a lie; Anger a Liberal by telling the truth. - RWR 8-)
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To: Olog-hai
Buy it, Rush, buy it! Watch liberal heads explode after doing so.
11 posted on 10/26/2012 2:39:44 PM PDT by Major Matt Mason ("Journalism is dead. All news is suspect." - Noamie)
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To: Olog-hai

I bid 1 FRN.

Damn! I hope I win!

Will turn it into an “All Conservative, All the Time” Network.

Screw “Fair And Balanced!”


12 posted on 10/26/2012 2:45:13 PM PDT by Taxman (So that the beautiful pressure does not diminish!)
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To: Olog-hai

“Al Gore’s Current TV putting itself up for sale”

Did it ask AL first ?


13 posted on 10/26/2012 2:45:13 PM PDT by UCANSEE2 ( If you think I'm crazy, just wait until you talk to my invisible friend.)
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To: Olog-hai

I’ll pay a dollar.


14 posted on 10/26/2012 2:48:41 PM PDT by staytrue
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To: Olog-hai

The liberals always want to put YOUR money where there mouth is;their programs of all kinds are neither entertaining nor profitable.


15 posted on 10/26/2012 2:48:43 PM PDT by hoosierham (Freedom isn't free)
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To: pepsionice
A guy who watched Current for twelve hours a day....probably needed to be put into some mental ward.

You've got it backwards. That's where they get their anchors.

16 posted on 10/26/2012 3:04:39 PM PDT by South40 ("Islam has a proud tradition of tolerance." - Barack Hussein Obama - Cairo, Egypt, June 4, 2009.)
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To: Olog-hai

I hope nobody buys it. Let it be a sewer for the libs to pour money down.


17 posted on 10/26/2012 3:08:05 PM PDT by djpg
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To: UCANSEE2

Why don’t all of us at Free Republic chip in and buy it? We can call it the “Coal Channel”.


18 posted on 10/26/2012 3:09:24 PM PDT by donhunt (Certified and proud "Son of a Bitch".)
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To: Olog-hai

I’ll buy it...for a buck.


19 posted on 10/26/2012 3:09:48 PM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: Olog-hai

Limbaugh ought to buy it and partner with that kid who busted ACORN.


20 posted on 10/26/2012 3:13:28 PM PDT by rabidralph
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To: Olog-hai
These jokers tried to issue a $100 million IPO a couple of years ago. The scam would have put millions of dollars in their pockets and made it easier to dump this loser. I think the SEC started sniffing around and Gore and his partners dropped the plan. If there were ever any serious buyers for this thing they would have sold it. Kieth Olberman was suing them.
21 posted on 10/26/2012 3:19:38 PM PDT by Brad from Tennessee (A politician can't give you anything he hasn't first stolen from you.)
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To: Olog-hai

I thought they sold out a long time ago.


22 posted on 10/26/2012 3:25:26 PM PDT by Paleo Conservative
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To: Paleo Conservative

Founded. It should be Found. The brains at current TV finally figured out anybody dumb enough to watch their station didn’t own a TV or use electricity.


23 posted on 10/26/2012 3:31:42 PM PDT by spawn44 (moo)
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To: Olog-hai
Oh WOE is me... whys everybody always pickin on me???

listen... warming, cooling, it was 50/50. so i took a shot!!!

24 posted on 10/26/2012 3:33:42 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: Olog-hai

As I noted on another thread: the notion that other media companies are lining up to buy Current TV is ridiculous. In reality, GoreTV has been on the block for at least two years; in fact, Al himself offered to sell the channel to his buddies at Google, who promptly declined. Yeah, they’re lefties, but they know an unsustainable business model when they see one.

Fact is, Current has never attracted anything approaching an audience. For years, they refused to subscribe to the Nielsen ratings, knowing what the data would reveal. When they finally did (under pressure from advertisers), the ratings confirmed what everyone knew: virtually no one was watching Current TV. At their “high water mark” (during Keith Olbermann’s brief tenure), Current drew about 40,000 viewers during one hour of prime time. By comparison, “The O’Reilly Factor” has a nightly audience of 2,000,000+ and the other Fox hosts are all over 1,000,000. Current would kill for even CNN’s subterranean numbers.

Here’s the gaping hole in Mr. Hyatt’s carefully-spun story: if Current is such a hot property, why the urgency to sell? Call it an inconvenient truth, but Current has never made a dime in profit and major investors (like Hyatt) have lost tons of money. However, The Wooden One may actually make money on the sale—assuming they can find a buyer—because Gore brought his name to the project and little else.

Couldn’t happen to a more deserving bunch.


25 posted on 10/26/2012 4:32:13 PM PDT by ExNewsExSpook
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To: djpg

Glen Beck needs to buy it. He has the shows from The Blaze and the programming. He could stand to the right of Fox.


26 posted on 10/26/2012 5:08:01 PM PDT by Forward the Light Brigade (Into the Jaws of H*ll)
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To: Olog-hai

Throw in Newsweek and I’ll pay up to $5.00


27 posted on 10/26/2012 5:27:32 PM PDT by McCloud-Strife ( USA 1776-2008)
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