TVSpy LostRemote AgencySpy PRNewser FishbowlNY FishbowlDC SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

Current TV Cuts 80 Staffers

currentmediaclouds.jpgCurrent Media, which was co-founded by Al Gore and Joel Hyatt, is cutting 80 staffers as it changes its programming strategy away from short-form video. BayNewser has the details:

Chief Operating Officer Joanna Drake Earl told BayNewser that the company’s fundamental mission hasn’t changed. They still want to create engaging and impactful content for young adults. But the moves, says a statement released by the company, are about allocating resources to “areas of the business believed to best position Current Media for continued long-term growth.”

As a result of the changes, 80 people are being let go today from the company’s offices in London, New York, Los Angeles, and San Francisco. About 300 people will remain on staff, Earl said.

Three programs, “Current Tonight,” “Current Takeover” and “Current Exposed,” are being canceled as a part of the shift.

arrow_hp.jpgClick here to receive’s Daily Newsfeed via email with stories like this one.

Mediabistro Course

Social Media Strategy Boot Camp

Social Media Strategy Boot CampStarting November 10, build a complete social media strategy for your brand! Through a series of weeklong webcasts, marketing and social media experts will teach you how to integrate social media into your overall marketing strategy, understand key metrics and analytics, and master the emerging trends in social. Register now!