Thursday, January 03, 2008

Holy Crap Batman – was just watching CNBC and they ran a story that the Weather Channel is up for sale – and expecting to attract bids of approx $5 Billion dollars (yeh Billion with a B).

I cant believe that they currently turnover $300million dollars a year. (I’m also questioning the multiple but who knows – as I’m not a user probably has a lot of growth left even still).

Apparently it’s one of the last ‘non network’ USA cable channels (check out what Oxygen sold for last year as well

They didnt break down the revenue into their TV/Web/commercial forecasting services – nor did they provide any profit numbers but seriously points out there is still some significant value tied to eyeballs.


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