Oct
26
Current TV to Consider Offers From Potential Buyers
Posted in: Uncategorized
There’s a long list of potential buyers who might be interested in Current TV, analysts said Friday after the network said it was considering its options, but most major players would likely rework the channel into something else.
“Its current format isn’t getting much traction with viewers,” said Brad Adgate, senior VP-director of research, Horizon Media.
The cable news network has decided to “engage expertise to help us evaluate our strategic options,” CEO Joel Hyatt told the New York Post in an article breaking the news. Mr. Hyatt added that Current received three offers this year alone.
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