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Al Gore’s struggling Current TV prepares for the sales block

Friday, October 26, 2012

Looks like Current TV’s efforts to become an alternative to MSNBC as the cable news outlet of choice for liberals isn’t helping it much. The San Francisco-based cable channel co-founded by the former vice president and his partner Joel Hyatt with help from CalPERS, the California public employees retirement system, is looking for a buyer. Hyatt confirmed to the New York Post, which broke the story, that Current is interviewing investment banks to put together a sale. An excerpt:

In January 2011, it hired former “Countdown” anchor Keith Olbermann, after MSNBC canceled his contract. Then in March, Current also cut Olbermann loose.

The network now airs such shows as “Joy Behar: Say Anything!” and “Viewpoint with Eliot Spitzer.”

Of course there’s also The Gavin Newsom Show, weekly.


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