by Brian Solis

Al Gore-backed Current TV is making a run at a $100 million IPO. Wow

The Emmy award-winning network launched in 2005 banked 2007 annual revenue of $63.7 million, which is up 68% from $37.8 million in 2006.

Current is reportedly the only 24/7 cable and satellite television network and Internet site produced and programmed in collaboration with its audience. Current connects young adults with what is going on in their world, from their perspective, in their own voices.

With the launch of Current.com, a fully integrated web and TV platform, viewers can participate in shaping an ongoing stream of news and information that is compelling, authentic and relevant to them.

I ran into Al Gore at Paragon in San Francisco last year, which is down the street from Current’s HQ. He actually stopped to talk for a bit. That was nice.

Back to the IPO.

The proposed IPO is set for NASDAQ under the ticker “CRTM.” No word on timing or shares yet.

Current is reaching 51 million homes, of which, 41 million are in the US.

More at PaidContent

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