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In a major restructuring, cable channel Current TV -- co-founded by former Vice President Al Gore -- has laid off 80 staff members, about 25% of its staff.
Most of the axed were based in the Los Angeles office, affecting in-house production and striking a yet another blow to the city's already suffering entertainment industry. The original programs Current Tonight, Current Takeover and Current Exposed have been canceled and David Neumann, the head of programming was fired. About 300 employees total remain in San Francisco, New York, the now much smaller LA office and the international offices in London and Milan.
The pioneering, Emmy-Award winning channel was originally conceived by Gore and businessman Joe Hyatt as a peer-to-peer news and information network with one-third of the on-air broadcast featuring viewer created content (VC2) and geared to 18-34-years-olds. During the 2004 campaign, Gore envisioned a news network with no political leanings
that would help change the tide of "consolidation and conglomeratization" of the media by leading the change to "democratization."
Current TV's new CEO Mark Rosenthal, who replaced Hyatt, is now revamping Current to a more traditional model of 30-minute and hour-long programs, much of it to be acquired, reports Variety.
Current said it will now move money into creating departments focused on program development, licensing and acquisitions, talent management, research, marketing, affiliate relations and advertising sales. In other words, start operating like a more traditional network.Short-form videos will continue to be a part of the network's lineup, but now as part of regularly scheduled programs.
No word yet on the changes from Current Media chairman Al Gore, but Current.com, the channel's internt portal reports that Current Media's COO, Joanna Drake Earl said that this year is set to be Current's most profitable year since its launch.
No wonder: A year ago to the day, Current fired 60 employees as a cost cutting measure.
Lisa Derrick is La Figa on Firedoglake.com
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Jonathan Safran Foer: Quitting Meat: A Process Of Change
When it comes to meat, change is almost always cast as an absolute. You are a vegetarian or you are not. It's a strange formulation, and it's distracting.
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This ticks me off....I really loved the viewer submitted pods. So many cool subjects covered and interesting stories. I hope at least they make Infomania a full hour....one of the funniest shows ever.
So, standard corporate adaptation.
You can't change things with a commercial model, since you won't be competitive in a commercial model without assimilating the predatory, callous commecial culture.
That's a shame. I don't have cable anymore, but when I did, Current TV was pretty much the default channel because it provided a nice free flow of interesting stories as I did stuff around the house.
Now they're moving away from that cool format. Seems like selling out to me. But hey, advertizing dollars are where it's at. Sucks when progressive ideals fail in reality because of the regressive paradigm.
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