No wonder Al Gore not interested in being president, he is too busy stacking chedder

Current Media, the youth-oriented cable channel founded by former U.S. Vice President Al Gore and Joel Hyatt, has filed for a $100 million initial public offering.

The company aims to trade under the Nasdaq symbol CRTM; neither share prices nor number of shares have been disclosed.

Acknowledging that it has "a history of losses," relies on an "unproven media model," and had an accumulated deficit of $31.9 million at the end of 2007, Current Media is nevertheless pushing forward in the hopes that it will be able to better cover expenses as a public company. Revenues for 2007 were $63.7 million.

If Your Current Strategy of Giving the People What They Want Isn't Working, Maybe You're Not Giving Them What They Want After All

Editor Fires Parting Shot at His Chain
By RICHARD PÉREZ-PEÑA
Published: January 22, 2008

The ousted editor of The Los Angeles Times on Monday offered a scathing critique of the newspaper industry and specifically his longtime employer, the Tribune Company, arguing that cost cuts, a lack of investment and an aversion to serious news was damaging the business.
The editor, James E. O’Shea, left after he refused to carry out another in a series of newsroom budget cuts sought by the publisher in Los Angeles, David D. Hiller — 15 months after Mr. Hiller fired the previous editor over the same kind of dispute.

The current showdown and Mr. O’Shea’s parting comments made for a remarkable statement by an editor who was seen as a Tribune loyalist and was sent to Los Angeles to calm a rebellious staff.

“I disagree completely with the way that this company allocates resources to its newsrooms, not just here but at Tribune newspapers all around the country,” Mr. O’Shea wrote in a memo to the newspaper’s staff, echoing farewell remarks he made Monday morning in the newsroom.