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2009-11-13 Economy
Al Gore's Current Media cuts 80 jobs
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Posted by Fred 2009-11-13 00:00|| || Front Page|| [3 views ]  Top

#1 Current TV may reach 50 million homes but does it even have 5 viewers?
Posted by 3dc 2009-11-13 00:16||   2009-11-13 00:16|| Front Page Top

#2 Heck - I bet Al Gore doesn't even watch it.
Posted by CrazyFool 2009-11-13 00:41||   2009-11-13 00:41|| Front Page Top

#3 good comments by crazyfool and 3dc

back in 2007, the company lost $10M on $63M of revenue and their viewership is unknown. They've gotten on various cable listings by virtue of Gore's celebrity status. They have been hoping to do an IPO but the market isn't right given it is almost completely speculative.
Posted by lord garth 2009-11-13 08:49||   2009-11-13 08:49|| Front Page Top

#4 Current TV sounds like radio's Air America--nobody watches or listens to it because it is boring and vacuous.
Posted by JohnQC 2009-11-13 09:32||   2009-11-13 09:32|| Front Page Top

#5 My kids suggest that Current Tv is a lame version of youtube in that its essence is youtube type videos chosen by some moron and slammed in your face.
Posted by 3dc 2009-11-13 09:33||   2009-11-13 09:33|| Front Page Top

#6 I dunno. Ima thinking 'tax write-off'.
Posted by Pappy 2009-11-13 09:49||   2009-11-13 09:49|| Front Page Top

#7 Cramer: It's all just a tax writeoff.

Seinfeld: Cramer, do you know what a tax writeoff is?

Cramer: .......no....do you?
Posted by Alaska Paul 2009-11-13 10:43||   2009-11-13 10:43|| Front Page Top

#8 Gore should stick to his day job as the leader of the quasi-religious AGW cult. It's way more profitable.
Posted by phil_b 2009-11-13 11:06||   2009-11-13 11:06|| Front Page Top

#9 I'm surprised they had 80 jobs to cut honestly
Posted by Keith G 2009-11-13 12:44||   2009-11-13 12:44|| Front Page Top

#10 80 is just the hostage negotiation team.
Posted by ed 2009-11-13 12:46||   2009-11-13 12:46|| Front Page Top

#11 Didn't the two fools recently rescued by Prez Clinton in NKorea work for this network?
Posted by Tom- Pa 2009-11-13 13:19||   2009-11-13 13:19|| Front Page Top

#12 Five compartments open to sea you say, Captain Smith?
Posted by mojo 2009-11-13 16:16||   2009-11-13 16:16|| Front Page Top

#13  Didn't the two fools recently rescued by Prez Clinton in NKorea work for this network?

That's what I seem to recall, too, Tom-PA. Current was supposed to be revolutionary, a "People's cable channel", like Wikipedia is a "people's encyclopedia".
Posted by trailing wife">trailing wife  2009-11-13 20:29||   2009-11-13 20:29|| Front Page Top

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