Low ratings could end cable deal for Gore’s Current TV

(Reuters) – 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.

All of the sources interviewed for this story declined to provide the precise threshold for overall viewers.

Olbermann, the feisty host of the politically tinged talk show “Countdown,” was fired from Current TV last week and replaced with former New York Governor Eliot Spitzer.

Current TV, founded seven years ago by Gore, the former U.S. Vice President, and business partner Joel Hyatt, accused Olbermann of breaching his contracts and trying to sabotage the progressive public affairs network. Olbermann denied Current’s allegations and vowed to take legal action.

If it was not for Olbermann’s show, which averaged a total of 177,000 viewers per night, Current TV likely would have missed Time Warner Cable’s viewership benchmark, said one of the sources.

Read more at Reuters.

Comments

Polititainment

Waka Flocka Flame endorses Hillary

Just days after announcing his own candidacy for president in 2016, Waka Flocka Flame is endorsing Hillary Clinton for the White House. The Atlanta rapper said during a recent interview with MTV News that he will vote for Clinton in the 2016 presidential election.

Obama honors New England Patriots

President Obama honored the Super Bowl Champion football team on the South Lawn, kicking off his remarks with a joke about the team's long since past "Deflate Gate" controversy.

Olivia Wilde endorses Hillary Clinton

Actress Olivia Wilde is "excited" by Hillary Clinton's presidential campaign. The film star, who campaigned for then-Sen. Barack Obama in 2008, expressed her enthusiasm for the "political discussions" that result from election season during a recent interview with The Daily Beast.

Robert Downey Jr. walks out of interview

Robert Downey Jr. cut short a recent interview with British Channel 4 News reporter Krishnan Guru-Murthy when the journalist questioned the actor about a past statement regarding how being imprisoned impacted his political beliefs.

Christie does not like the fat jokes

Chris Christie went on Jimmy Fallon's show to inform him he does NOT appreciate all the fat jokes.

2016

Sen. Cornyn worried about Clinton transparency

On Jan. 20, 2009, the U.S. Senate was poised to nominate then-Senator Clinton as secretary of State by a unanimous consent vote, but Sen. Jon Cornyn (R-Tex.) objected, temporarily thwarting Clinton’s nomination.

Jeb Bush is on the Paleo diet

Jeb Bush is slimming down ahead of his likely 2016 bid for the White House. The former governor of Florida has lost about 30 pounds on the Paleo diet since December, according to a report in The New York Times.

NYT reporter: Hillary calls everything 'off-limits'

New York Times reporter Jeremy Peters said on MSNBC's "Morning Joe" Thursday that Hillary Clinton ahead of her run for president in 2016 is dismissing every critical report about her as illegitimate and "off-limits."

Seth Meyers defends Hillary Clinton

Seth Meyers defended Hillary Clinton during Thursday's episode of "Late Night," dismissing allegations about the former secretary of State that will be laid out by the forthcoming anti-Clinton book "Clinton Cash."

Rick Perry disagrees with Christie on pot

Rick Perry is against legalizing marijuana--but, unlike Chris Christie, wouldn't "crack down" on states that choose to legalize.

Policy

Obamacare brings growth in food stamp enrollment
CHICAGO (AP) — President Barack Obama’s health care law has had a surprising side effect: In some states, it appears to be enticing more Americans to apply for food stamps, even as the economy improves. New, streamlined application systems built for the health care overhaul are making it easier for people to enroll in government benefit […]
DC gets mad at Gowdy and Buck over gun photo

Reps Trey Gowdy (R-S.C.) and Ken Buck (R-Colo.) just dodged a run-in with the D.C. authorities.

The danger of policing through Facebook

These days, everything happens on social media--including solving crime.

Police seized 11-yr-old for defending legal pot

One Kansas school apparently found a child's earnest defense of marijuana legalization so threatening they called the police on his mother.

Support for Obamacare hits surprising high
Support for Obamacare has hit a two-year high, despite the tax season surprises that followed the law this year. According to a new Kaiser Health Tracking Poll released Tuesday, the percentage of people who say they support the healthcare law is greater than those who oppose it for the first time since the fall of 2012. […]