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Al GoreCurrent Media Lays Off 80, Shifts to More Outsourced ContentAuthored by Mark Hefflinger on November 11, 2009 - 10:04am.
 San Francisco - Current Media, the pay-TV and Web video news
outlet co-founded by former Vice President Al Gore, announced on Wednesday that
it has laid off 80 employees, and will shift away from short-form and daily
in-house production to "proven 30-60 minute formats from a multitude of
sources, including acquisitions, co-productions, outside studios, as well as
Current developed and produced content." San Francisco-based Current said
in a statement that the layoffs did not result from a need to cut costs, as the
company "will have its most profitable year," but are about
"re-allocating resources in order to put further emphasis on areas of the
business believed to best position Current Media for continued long-term
growth."
Al Gore's Current Media Cancels Plans for $100 Million IPOAuthored by Mark Hefflinger on April 13, 2009 - 8:45am.
San Francisco - Current Media, the San Francisco-based media
television and Web video network founded by former Vice President Al Gore, on
Friday canceled plans for its proposed $100 million initial public offering
(IPO). In a filing with the Securities and Exchange Commission (SEC), the
company said that it made the decision "in light of current market
conditions," adding that it may instead raise funding through a private
offering.
Live Earth India Concert Cancelled in Wake of AttacksAuthored by Mark Hefflinger on December 1, 2008 - 2:03pm.
Los Angeles - Former Vice President Al Gore and Live Earth founder Kevin Wall said on Monday that Live Earth India, concert originally slated for Dec. 7 in Mumbai, has been cancelled in light of the recent tragic attacks there. The concert was set to feature local stars like Aishwarya Rai alongside Bon Jovi, Roger Waters and others. "We will continue to work for solutions to the climate crisis for the good of the people of India and around the world. But for now, our thoughts and our prayers are with the victims of this terrible attack, with the bereaved, with the people of Mumbai and with everyone in India," Live Earth India said in a statement. Al Gore-backed Current TV Lays Off 60 EmployeesAuthored by Mark Hefflinger on November 12, 2008 - 8:58am.
Los Angeles - Current TV, the multiplatform media company backed by former Vice President Al Gore, has laid off about 60 employees, PaidContent reported. VideoSurf Debuts Video Search Service; Backers Include Al GoreAuthored by Mark Hefflinger on September 10, 2008 - 7:36am.
San Mateo, Calif. - VideoSurf, a new online video search service backed by Current Media co-founders Al Gore and Joel Hyatt, on Wednesday launched a beta version of its service at the TechCrunch50 conference in San Francisco. Al Gore's Current Media Files for $100 Million IPOAuthored by Mark Hefflinger on January 28, 2008 - 9:55am.
Al Gore to Join Silicon Valley Venture Capital Firm Kleiner PerkinsAuthored by Mark Hefflinger on November 13, 2007 - 9:17am.
Washington - Former Vice President and presidential candidate Al Gore has announced he will join Kleiner Perkins Caufield & Byers, a major Silicon Valley venture capital firm focused on technology, as part of the firm's push to fund "green" businesses. Al Gore's Current TV Network Nabs Interactive TV EmmyAuthored by Mark Hefflinger on September 17, 2007 - 2:28pm.
Los Angeles - Former Vice President Al Gore appeared on stage at the Emmy Awards on Sunday to collect an Emmy for interactive television services for his Current TV network, the youth-oriented channel that highlights user-generated videos. Al Gore's Current TV Network Nabs Interactive TV EmmyAuthored by Mark Hefflinger on September 17, 2007 - 10:20am.
Los Angeles - Former Vice President Al Gore appeared on stage at the Emmy Awards on Sunday to collect an Emmy for interactive television services for his Current TV network, the youth-oriented channel that highlights user-generated videos. Al Gore Speech Helps Sundance Festival Website Draw VisitorsAuthored by Mark Hefflinger on January 27, 2006 - 7:54am.
Park City, Utah - Organizers of the 2006 Sundance Film Festival Online said on Friday that during the first week of the festival, an estimated 700,000 viewers watched festival videos on the Internet -- nearly twice as many as had at this point last year. Some of the traffic was generated by an extended interview with former Vice President Al Gore at the festival that was posted to the site.
Al Gore-Backed Current.tv Digital TV Network to Launch on August 1Authored by Mark Hefflinger on April 5, 2005 - 4:13am.
San Francisco -- Former vice president Al Gore has announced that his re-named Current.tv youth-oriented digital TV network will launch on Aug. 1. Formerly INdTV, the 24-hour Current.tv network will offer short-form video content, produced both professionally and by viewers, on both the Internet and in 19 million homes subscribing to DirecTV satellite and Time Warner cable TV services. "The Internet opened a floodgate for young people whose passions are finally being heard, but TV hasn't followed suit," said Gore. "We intend to change that with Current, giving those who crave the empowerment of the Web the same opportunity for expression on television." Current.tv will offer video segments between 15 seconds and five minutes in length, on topics ranging from politics and the environment to technology, entertainment and relationships. The company, which is also backed by entrepreneur Joel Hyatt, also announced a relationship with Google, and will produce video segments based on the current popular Google searches in real-time.
Group Led by Al Gore Buys Cable News ChannelAuthored by Mark Hefflinger on May 5, 2004 - 3:10am.
Washington, D.C. -- Vivendi Universal Entertainment announced that it has sold its cable news channel, Newsworld International, to an investment group led by former Vice President Al Gore. Financial terms of the deal were not disclosed. Newsworld currently is produced by the Canadian Broadcasting Corp. and accessible by about 17 million North American households. The TV network will be renamed IndTV and target an audience in the 18-35 age group. Gore will serve as chairman of the board and reportedly plans to devote most of his time to the network. Joel Hyatt, an entrepreneur and former finance chairman for the Democratic National Committee, will serve as the network's CEO.
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