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Posts Tagged ‘Current Media’

New Bosses At Interview, Weather Channel & Current TV

interview.pngAlthough they have nothing to do with each other, we noticed that there have been lots of appointments to the top spot at a handful of media organizations over the last few days. Is something in the air?

Interview magazine, which was at the center of some controversy at publisher Brant Publications earlier this year, seems to finally have established a powerful editorial team. The New York Times reports today that BlackBook founder Evanly Schindler has been named president of the magazine, while editor Stephen Mooallem, has been promoted to editor-in-chief. Former creative director Karl Templer, who left Interview earlier this year, is returning, and he will report to Fabien Baron, the editorial director who left and then returned last month.

Earlier today, Broadcasting & Cable reported that the Weather Channel is getting a new CEO. The company, which had been searching for a chief for months, named former AOL Media Networks head Michael Kelly to its top spot.

And on Friday, our colleagues at BayNewser revealed that former MTV Networks president Mark Rosenthal had been picked to lead Current Media, the parent company of Current TV and current.com.

There have been some big changes in the media world, and we can probably expect more to come as companies look for new solutions and fresh blood to tackle problems brought on by the economy. And as more executives and top talent get cut from cost-cutting companies, the pool of available people who can run a media organization is growing.

Related: The Drama At Brant

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Current Media Cancels IPO

current04.12.09.jpgFourteen months ago, Al Gore‘s Current Media was the darling of the media world. The company, which currently operates a cable station reaching 50 million homes and a Web site targeting the youths, filed for a $100 million IPO.

Since that time, Bjorn Lomborg proved Gore’s Inconvenient Truth wasn’t exactly true and the fortunes of the former vice president’s company have fallen on hard times as well. First, it laid off 60 (with 30 new positions created) and now the IPO has been scuppered.

According to AFP, Current Media wrote the following in a statement on Friday: “In light of current market conditions, the registrant has determined not to proceed at this time with the public offering. All activity regarding the proposed public offering has been discontinued.”

That is inconvenient indeed.