Today is another sobering day for the tech and media world. Current TV has confirmed that 80 people are being let go, leaving the company with 300 employees worldwide. We heard multiple reports of significant layoffs at Current TV earlier in the day. One source, whose spouse works at Current TV, warns of a “major bloodbath today at CurrentTV, across all departments,” with cuts hitting “most of… → Read More
Last March, two reporters for Current TV were caught and detained by the North Korean military after illegally crossing into the country from China as they reported on fleeing refugees. While some initial reports seemed optimistic that the pair — Chinese-American Laura Ling and Korean-American Euna Lee — would be released shortly in an act of good-will, that didn’t prove to be the case: both… → Read More
In a document submitted earlier today, Current TV attributed the IPO’s cancellation to the current economy:
In light of current market conditions, the Registrant has determined not to proceed at this time with the public offering… → Read More
If you think there is too much noise about the U.S. election now, wait until next week. On Election Day, not only will every media outlet be covering the vote, but so will voters themselves who will have ample opportunity to Tweet, Digg, video, and IM the vote.
Most of these “reports” will probably consist of people telling the world that “I’m voting!” or who they just cast their vote for. Who… → Read More
Note: trust me, the picture makes sense once you read the quotes below. Sarah Lacy’s new book, Once You’re Lucky, Twice You’re Good: The Rebirth of Silicon Valley and the Rise of Web 2.0 (goes on sale on Thursday, pre-order here, get free autographed copy here) does a deep dive into the histories of a number of high profile web startups. But Lacy was also able to uncover a few… → Read More
As a follow up to our previous post on TV network activity on the Internet and through iTunes, we’ve further explored television programming and how it’s playing out on the web beyond the major networks. I will steer clear of yahoo, google, youtube… all the sites that have been covered extensively on this site. Instead, I want to highlight a few of the less covered services. It’s hard… → Read More