/// What Would A Sale Mean for Current TV?
Al Gore and Joel Hyatt's Current TV—the network that hired Keith Olbermann out of his post-MSNBC free-fall, then quickly parted ways with him—is reportedly up for sale. A spokeswoman for the network confirmed that Current has entertained three seperate offers this year and is also seeking a new round of funding to give it a much-needed boost. The network may also cast around for a joint venture with a larger media partner. With carriage in some 60 million households, Current is a long way from full distribution, but still has enough reach to be a desirable location for a network looking to take off—there's only so much linear real estate on the dial, after all. Current itself has never quite managed to take off. It experienced a brief surge during the beginning of Olbermann's tenure, but that didn't last long.
- 11/29/2013 • Apple Doesn’t Want to Pay the Feds’ E-Book Lawyer $70,000 a Week
- 05/16/2013 • Jelly, Biz Stone’s Startup, Raises a Round (With a Little Help From Friends)
- 03/09/2013 • Some More Inconvenient Truths (Including Spider Goats): Al Gore Talks About "The Future" at SXSW
- 01/02/2013 • Current TV to Be Acquired by Al Jazeera