Current TV files for IPO
Cory Bergman January 28th, 2008
The parent company of Current TV, Current Media, has filed for a $100 million IPO on NASDAQ. Explains PaidContent’s Joseph Weisenthal, “Reading through the management’s discussion and the risks section highlights Current’s challenge, as it attempts to pitch a cable channel to a crowd increasingly watching video online.” (Full disclosure: Current is advertising on Lost Remote right now.)
1 Comment Add your own
1. Jeremiah | February 8th, 2008 at 9:45 am
Current tends to run their content both online and on the network. And they’re not pitching to viewers, per se: they’re pitching to *producers*.
IMHO, the content on Current is light years better than what’s avail on YouTube, et al. That’s what they’ve really got going for them: a solid, semi-pro (and better) community of producers.
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