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Political Voices Network

David Bohrman, former Current TV President and former CNN Washington bureau chief and chief innovation officer at CNN Worldwide, is launching a new over-the-top video service that will cater to progressive Americans, called the Political Voices Network.

Why it matters: Bohrman argues there has been a vacancy of progressive voices in the video space compared to the right. On the left, he sees only The Young Turks as being a viable competitor, compared to many more consumer options for video streaming on the right, like Glenn Beck's The Blaze, One American News Network (OANN), Newsmax, Rush Limbaugh, Mark Levin's CRTV, and more.

From a business perspective, as cord cutting increases, more consumers are looking to streaming options for news and sports, two topics that are mostly still watched live. Bohrman says he is interested in expanding to sports in the future.

The details: The network will be both advertising and subscription-based, offering $10 membership access content across platforms, discounts for live events and more. The effort is currently self-funded, but Bohrman is seeking a seed round in the $3-$5 million range. It plans to launch by the second quarter of this year.

  • PVN will be available on www.leftisright.com, and on the major platforms of Apple TV, Roku and Amazon Prime, as well as on mobile iOS and Android devices.
  • The network plans to air more than 20 hours each day of live political news and insights.
  • On-air talent includes Stephanie Miller and Bill Press, and more to come.
  • Bohrman plans to hire roughly 18 employees for launch. He plans to keep staffing light and utilizing much of the infrastructure that is already built-in with the existing shows.

The founding team includes a handful of high-level media executives.

  • Bohrman produced more than a dozen presidential debates between 2003 and 2008, and he created the YouTube Debates during the 2008 presidential campaign and the "Magic Wall" used by John King during CNN election coverage.
  • Chief Financial Officer Ron Hartenbaum is a media sales and marketing veteran who formally served as vice president of sales for Westwood One, director of new business for ABC-owned radio stations, a founding partner of MediaAmerica and CEO of Jones Radio Networks.
  • Chief Revenue Officer Scott Calka has held senior positions at DirecTV, Fox Sports, Comcast Spotlight, Madison Square Garden and the Florida Panthers.
  • Executive Vice President of Production Terry Baker is a former executive at Current TV, Fox Business Network, CNN, ABC News and WNBC.
  • Chief Technology Officer Jason Odell, the former CTO of Current TV, played a key role in the launch of VICE News for HBO and has been responsible for the engineering and studio operation of YouTube Space in Los Angeles.
  • Advisor Rob Rueckert is the managing director at Sorenson Capital. He was previously an investor for Intel Capital for 15 years.

Go deeper

31 mins ago - World

Netanyahu and Israel reluctantly adjust to a post-Trump Washington

Netanyahu (R) and Biden in 2010. Photo: Avi Ohayon/GPO via Getty

Prime Minister Benjamin Netanyahu and his close aides are very nervous about the transition to a new U.S. administration after a four-year honeymoon with Donald Trump. One Israeli official told me it felt like going through detox.

What he's saying: Netanyahu congratulated Biden minutes after he was sworn in, saying in a statement that he looked forward to working together to "continue expanding peace between Israel and the Arab world and to confront common challenges, chief among them the threat posed by Iran."

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. State of play: New coronavirus cases down, but more bad news ahead.
  2. Politics: Biden set to immediately ramp up federal pandemic response with 10 executive actions — Scoop: Joe Biden's COVID-19 bubble.
  3. World: Biden will order U.S. to rejoin World Health OrganizationBiden to bring U.S. into global COVAX initiative for equitable vaccine access.
  4. Vaccine: Amazon offers to help Biden administration with COVID vaccine efforts.
Dion Rabouin, author of Markets
3 hours ago - Economy & Business

First glimpse of the Biden market

Photo: Jonathan Ernst-Pool/Getty Images

Investors made clear what companies they think will be winners and which will be losers in President Joe Biden's economy on Wednesday, selling out of gun makers, pot purveyors, private prison operators and payday lenders, and buying up gambling, gaming, beer stocks and Big Tech.

What happened: Private prison operator CoreCivic and private prison REIT Geo fell by 7.8% and 4.1%, respectively, while marijuana ETF MJ dropped 2% and payday lenders World Acceptance and EZCorp each fell by more than 1%.

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