Climate change: Al Gore’s media company scuttles IPO, cites economy

posted at 3:15 pm on April 13, 2009 by

Seems investors have cooled to Mr. Roboto’s newest, hottest and hippest investment opportunity.

“In light of current market conditions, the registrant has determined not to proceed at this time with the public offering,” Current Media said in the filing with the SEC on Friday. “All activity regarding the proposed public offering has been discontinued.”

Current Media, founded in 2005, operates Current TV, which reaches more than 50 million households in Britain and the United States, and a youth-focused website Current.com, where users can submit their own content.

I guess that means we’ll be having less of that high quality entertainment we’ve been getting used to. It’s ironic, actually, that the only contact I’ve ever had with Current TV is through HotAir. Maybe that’s a sign, Al.

Oh well. If he’s really strapped for cash, the former vice president can always go back to his old investors.

Blowback

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I guess saving the planet will have to wait until the bull market returns.

Dr.Cwac.Cwac on April 13, 2009 at 3:31 PM

It’s ironic, actually, that the only contact I’ve ever had with Current TV is through HotAir. Maybe that’s a sign, Al.

Same here.

Wait a minute…AL Gore…ALlahpundit…beta male…

ZOUNDS!

MadisonConservative on April 13, 2009 at 3:36 PM

Mother Gaia is not going to be happy about this.

Bush’s fault.

Good Lt on April 13, 2009 at 3:48 PM

Is that a real tv show, or are you najing this up.

tarpon on April 13, 2009 at 6:18 PM

Sweet Al Gorefied the Green Room, that’s like poetic or something :)

Dr Evil on April 13, 2009 at 8:24 PM

Maybe Gore should shut off some of the lights around is massive house in TN. Might save him some needed cash.

Al Gore: Couldn’t carry his home state, can’t fund his company…Loser!

TN Mom on April 13, 2009 at 10:48 PM

The Carbon Credit Ponzi Scheme

Excellent Post Repurblican!

I feel charcoal dirty now!

Kini on April 14, 2009 at 2:23 AM