Al Gore’s Current Media has canceled plans for a $100 million IPO. In a filing with the Securities and Exchange Commission, Current Media says it has withdrawn its registration “in light of current market conditions.” When the company initially filed for the IPO last January, it said it would use…

Current TV, backed by Al Gore, is going through a bit of its own gore today, as it laid off about 60 of its employees. The exact count: it is eliminating 60 positions in U.S. but is adding 30 new positions, and many of those laid off will be offered…

Not the trend you want to be showing as you work towards an IPO: In its Q1 ended March 31, Current TV had ad revenue of just $2.5 million, a decline from $2.64 million in the year-ago quarter, according to an amended S-1 filing. Total revenue for the quarter was…

A first look into the books of Al Gore’s cable network: Current Media (parent of Al Gore-backed Current TV) has filed for a $100 million NASDAQ IPO, trading under the ticker “CRTM”. The network, which launched in 2005, had 2007 annual revenue of $63.7 million, up 68 percent from $37.8…