What Would A Sale Mean for Current TV?

Al Gore's indie net fields offers for sale, explores funding round

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.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in