**Written by Doug Powers
I for one wouldn’t sleep well at night knowing that the fate of my entire media venture rested on the shoulders of Eliot Spitzer.
Al Gore’s Current TV has bigger problems to deal with than a potential lawsuit from fired news anchor Keith Olbermann – namely not getting kicked off Time Warner Cable for low ratings.
According to three sources with knowledge of the situation, Time Warner Cable Inc’s carriage agreement with Current TV stipulates that, if the left-leaning political news network fails to meet a minimum threshold for overall viewers in a given quarter, financial penalties such as Current TV being required to increase marketing and promotion spending on the cable operator’s systems are triggered.
If Current TV misses the audience benchmark in two consecutive quarters, another clause is triggered that would allow Time Warner Cable to drop the channel. The condition was built into the most recent distribution pact between the two parties, which was signed in 2010.
“Time Warner Cable has been flirting with the idea of pulling Current off its systems for some time now,” said one of the sources, who all spoke on condition of anonymity.
Current’s audience has the **smallest carbon footprint of any cable news network, and this could be the thanks they get from Time Warner?
(**not including days when Al Gore is watching)
I’d suggest Al team up with the CEO of the foundering OWN channel and launch the “Gorprah Network.” Worth a shot.
Couple that news with this story and it’s been a bad month so far for the Goracle.
Gore, pictured above in 2011 after being asked to estimate how many people watch Current, may see his network removed from Time Warner cable
**Written by Doug Powers
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