Al Gore’s Current TV May Be For Sale
In an interview with the New York Post, Mr. Hyatt said “as a consequence, we thought it might be useful to engage expertise to help us evaluate our strategic options.”
Current TV reportedly hired JP Morgan and The Raine Group to examine a potential sale of the channel. A strategic partnership with another media channel may be another possibility.
Current TV launched in August 2005 after former Vice President Al Gore heavily advocated global warming issues. Current TV reaches around 60 million homes.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry