ecorazzi.com :: the latest in green gossip

February 20th 2008

Al Gore Has Big Plans For Current Media

Filed under: business, green and famous — parrish @ 11:29 am

I know as much about stocks and business as Aretha Franklin knows about compassion-fashion, so when I was tipped off that Al Gore (the granddaddy of green) was planning on raising close to 100 million for his company, Current Media, by filing for an IPO, the first thing I did was…go on frigin Wikipedia!!

For those out there who are just as confused about finance as I am, IPO stands for Initial Public Offering and is basically the first sale of a stock by a private company to the public. Still confused? Think of it this way: let’s say I own Vegan Bloggers Inc. and I want to build my company and raise extra capital. I file for an IPO and if it’s approved then it’s goes public for trading on the stock market and hopefully I make a bagillion vegan dollars. Now back to the topic at hand.

Al Gore wants to take Current Media public and according to the filing:

“We believe there is a significant gap between what is being delivered by traditional sources of TV and what is demanded by young adults. Young adults need and want news and information about what is going on in their world; however, they have not had a news and information source on TV that speaks to them. Young adults increasingly are turning to other platforms, especially the Internet, for news and information.

As a result, there is a large market opportunity to develop an integrated media platform capable of cost-effectively engaging young adults around news, information and lifestyle entertainment, and to build a brand premised on communicating what is going on in the lives of this young-adult generation. There is demand from both young adults and the advertisers.”

That’s right ya’ll-looks like the Goreminator is rolling up his biodegradable, eco-friendly sleeves and playing media ball with the big boys. Is Rupert Murdoch shaking in his boots? I guess only time will tell. The good news is that this only continues to prove that green is the new black and we’re really starting to see the world change. Here’s to a new tomorrow!

thanks: cleanenergynews.blogspot.com

February 18th 2008

Aretha Franklin Not Hitting Any High Notes With PETA

Filed under: animals — michael @ 10:11 am

While legendary singer Aretha Franklin may be upset at Beyoncé for honoring Tina Turner as the “queen” at this year’s Grammy Awards, PETA is turning the spotlight on her use of massive fur coats. The animal rights group thinks Franklin should think of herself as less a queen and more a joker. From the article,

In a letter to Franklin, PETA spokesperson Dan Matthews writes, “Music lovers may think of you as a ‘queen,’ but to animal lovers, you are a court jester . . . Why not shed the old-fashioned look that adds pounds to your frame and detracts from your beautiful voice? Please consider donating your furs to the homeless as ‘queen of compassion,’ Mariah Carey, did. You’ll get a tax credit for the donation, and we at PETA will all sing your praises.”

PETA’s Jack hilariously compares the above photo to a walrus in a cat costume. Funny stuff.

via PETA