Real Cash

Thursday, January 3, 2013

Glenn Beck

Every once in a while a tweet appears that's so silly, it must be a joke. Like this one from Glenn Beck: "Before Al-Jazeera bought Current TV, TheBlaze looked into buying it but we were rejected by progressive owners." Guess what? He's totally serious. The Wall Street Journal caught the detail in its coverage: "Glenn Beck's The Blaze approached Current about buying the channel last year, but was told that 'the legacy of who the network goes to is important to us and we are sensitive to networks not aligned with our point of view,' according to a person familiar with the negotiations."

On Jan. 2, Yahoo! posted a report that said:

 "It probably wouldn't have worked out anyways. Current TV didn't have the viewership that, say, MSNBC enjoys, but it does reach 40 million homes. We're pretty sure that the 22,000 that tune in during primetime aren't looking for the news according to Glenn Beck."


The Wall Street Journal also reported on Beck’s failed attempt to purchase Current TV, reporting that Beck’s news network The Blaze approached Current. Instead, Beck “was told that ‘the legacy of who the network goes to is important to us and we are sensitive to networks not aligned with our point of view,’ ” a person close to the negotiations told the Wall Street Journal.


It's unknown how far negotiations went between Beck and Current TV, or if they went anywhere at all. It's also unclear if Beck had sufficient funds to put down on Current TV's outrageous sale price of $500 million, minus the $100 million for Al Gore.

No comments:

Post a Comment