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November 11, 2009 12:00 PM PST

Current Media lays off 80, cancels shows

by Caroline McCarthy
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Maybe it hasn't worked so well to mesh the short-video-clip culture of the Web with traditional cable news: Current Media, the edgy cable company co-founded by former Vice President Al Gore, announced Wednesday it has laid off 80 employees in conjunction with a programming shakeup.

According to a release from the company, this shift involves canceling a number of programs, including "Current Tonight," "Current Takeover" and "Current Exposed." Most of the layoffs are in conjunction with those programs.

Additionally, per Wednesday's release: "Current will be shifting away from short-form programming and daily in-house production and towards proven 30-60 minute formats from a multitude of sources, including acquisitions, co-productions, outside studios, as well as Current developed and produced content." So it sounds like there will be a significant amount of new focus on outsourced material rather than more expensive in-house production--and perhaps less of an attempt to compete with well-established, live cable news networks.

Exactly one year ago, Current--headquartered in San Francisco but with many of its production operations in Los Angeles--laid off about 60 people but said that it was also creating about 30 new positions, which left its head count around 410 employees. Current chief operating officer Joanna Drake Earl told CNET News that this year's cuts leave its employee numbers at around 300.

The release said that the cuts were "not the result of a need to cut costs" and that the company would be hiring in areas like talent management, licensing, marketing, and ad sales. It'll also be consolidating its two L.A. facilities into a single new one.

"We've been an extremely innovative company doing lots and lots of different things," Earl said, "but (we've had to ask) what are we doing for our audience, and what shouldn't we be doing."

The company had filed for a $100 million IPO about two years ago but then retracted it amid concerns about the economy. It's repeatedly had to deflect rumors about its viability, like a report early this year that it would be closing its San Francisco headquarters to focus on L.A.

This post was updated at 2:10 p.m. PT with comment from Current's COO.

June 3, 2009 11:52 AM PDT

Al Gore wants to save advertising, too

by Caroline McCarthy
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NEW YORK--According to former Vice President Al Gore, the importance of sustainability doesn't just apply to the environment. It also is key to the future of advertising.

"It really comes out of the environment, but in my opinion the key theme of this century really is sustainability," Gore said. "This theme of environmental sustainability has become a part of our culture, it's a part of our discourse, and I'm very optimistic that it will soon be a part of our policy."

Addressing the crowd of advertisers and online-media types at the Digital Content NewFront event put on by Digitas on Wednesday, Gore was speaking not as a "recovering politician" or a green-tech evangelist, but as the co-founder of Current Media, the experimental cable news channel that relies heavily on user-created content for both editorial and advertisements.

It's about time for our old views of advertising to die, he said.

"In the 20th century, the advertising model was based on the same principles that the Industrial Revolution was based on: scale," Gore said. "It was big, it was blunt, very expensive, and very intrusive, and audiences have now begun to resist that old advertising model even as the environment in which it is presented changes a great deal. The new model is very different because the media landscape is completely different."

More than half of the advertisements on Current are called "VCAMs," or "viewer-created advertising messages," Gore said. These are videos selected out of user submissions for brands interested in advertising on Current; the winner is paid by the advertiser, though it costs significantly less than the production budget of a traditional TV ad, and the winner receives an additional payment if the advertiser wants to use it outside of Current.

It's a model not unlike the wildly successful T-shirt company Threadless, which gets thousands of design submissions and gives a cash prize to the ones that it subsequently prints and sells.

Gore showed off a series of VCAMs proudly, as though they were home videos of his kids: One of them, created by two 24-year-olds, was a Mountain Dew ad about aspiring to be a professional hide-and-seek player. Another, created by a 29-year-old, was a T-Mobile ad showing people excitedly attempting to get picked for a "fave five" as though it were a dodgeball team. Gore mentioned another that was created by a 17-year-old who subsequently received a $50,000 check when the advertiser wanted to use it outside of Current.

There are problems, obviously, which some of the audience members brought up in questions. There are plenty of brands that wouldn't get aspiring filmmakers quite as jazzed as the car and gadget companies whose ads Gore showed off. And while the Flip-camera-toting young adults responsible for Current's VCAMs have the pluck and the free time to run around making commercials, it's easy to theorize that it would be tougher for a network with an older audience to pull it off.

Then there's the fact that while Current has been way ahead of the curve on some digital trends--displaying live Twitter messages onscreen, for example--it's still not a huge media powerhouse. The company canceled its scheduled initial public offering earlier this year, citing the bleak economic climate.

Gore, however, had an example of successful "sustainable advertising" beyond Current. What we can look at, he said, is his old job: politics.

"The most powerful new brand that we've all seen unveiled over the last two years is (Barack Obama)," Gore said, showing a slide of the "O" sunrise logo that became so well known during Obama's successful presidential campaign. "And what is it about this brand that made it so incredibly successful? It was all about empowerment, it was all about involving people to help deliver the message. It was very tuned into the new technologies and how people use them."

Just as the Obama campaign made efficient use of inexpensive marketing and publicity tools on the Web, Gore believes that the digital age has made it possible for high-quality ads to be ubiquitous, rather than just at the one time of the year when people get really pumped about what commercials will be on TV.

"During the Super Bowl, people leave during the game rather than the ads. They want to see the ads because they know something extra has gone into Super Bowl ads," Gore said. "(But) it's not sustainable to have that kind of ad budget and that kind of focused creativity that you find on those ads completely ubiquitous throughout the television year."

At the end of his talk, the former vice president was left speechless when one audience member asked him if he believed that the problem of carbon emissions could be solved by 2029 through the use of technology coming from UFOs.

"No," he said after a long pause. "I do not."

Originally posted at The Social
September 10, 2008 8:51 AM PDT

Al Gore-backed VideoSurf generating buzz

by Caroline McCarthy
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Let's face it: Video search blows. It's easy to use YouTube's search box to find straightforward Internet video memes like cats playing pianos, skateboard tricks, or Rick Astley remixes; try for anything more intricate and you might be out of luck. There are established companies in the space, like the U.K.-based Blinkx, but none of them has captured the market share that video search potentially could.

Enter VideoSurf, a company launching later on Wednesday at the TechCrunch50 conference that's been getting a choice spot in the tech-blogger limelight thanks to a Los Angeles Times preview.

VideoSurf CEO Lior Delgo told the Times that instead of only being able to search text tags and descriptions, the company's search technology goes frame-by-frame to recognize specific people. Additionally, VideoSurf says it has already indexed multiple video sites, from hubs like YouTube and Hulu to the digital libraries of networks like Comedy Central and ESPN. The company has attracted investment funding from former Vice President Al Gore and Joel Hyatt, the co-founders of Current Media; Hyatt is chairman of VideoSurf's board of directors.

But there's a caveat: nobody in the tech press has actually seen this company in action yet. Search Engine Land was very impressed by a demo, calling the company "genuinely radical," but doesn't appear to have done anything hands-on. The last shadowy video company that was this hyped was arguably Joost, which is still trying to stay afloat after failing to catch on. So don't count the chickens before they hatch, even if we're talking about a grainy cell phone camera video of chickens playing "Never Gonna Give You Up" on a piano.

Originally posted at Webware
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