AP: Air America Radio Files Chapter 11

ap ^ | 10/13/2006 | milwguy

[milwguy]

AP: Air America Radio Files Chapter 11 Friday October 13, 10:37 am ET Liberal Talk Radio Network Air America Files for Chapter 11 Bankruptcy Protection

NEW YORK (AP) -- Air America Radio, a liberal talk and news radio network, has filed for Chapter 11 bankruptcy protection, a network official told the AP. The network had denied rumors just a month ago that it would file for bankruptcy, but on Friday Air America said negotiations with a creditor from the company's early days had broken down.

The network will stay on the air while it resolves issues with its creditors, spokeswoman Jaime Horn told the Associated Press. A formal announcement was expected to be made later Friday.

[milwguy]

about time! Al franken, you ain't getting paid, so just go away.

[SueRae]

Hahahaha..my Friday the 13th is complete

[dfwgator]

Why do liberals need Air America when they already have the mainstream media in their pocket?

[xsmommy]

finally!!

[newgeezer]

I'm so deeply saddened for Randi Rhodes.

BWAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHAHAAAAA....

[Doctor Raoul]

Al Franken is the Foley of talk radio. Don't forget all the poor kids Franken screwed with that "loan".

[Doctor Raoul]

This just in....Randi Rhodes still needs a man.

[pabianice]

Does this mean the defrauded charities will not be getting their money back?

[dfwgator]

Worst talk show ever.

[PandaRosaMishima]

They'd do well to move their talents over to PBS, which is unashamedly liberal anyway. I say this with trepidation because I just know it will cut into the music I love, the reason I tune into PBS in the first place. But the left will have their precious radio airtime and that's what they want! *sigh*
Is there a place for conservatives who love good music? Not all of us can tune into XM, you know.

[mkjessup]

Air America said negotiations with a creditor from the company's early days had broken down

Translation: Those Boys & Girls Clubs that Air America looted want their money back.

Hey Al? Time to pay the piper you jerkwad.

[Gordongekko909]

IBRYMB!!!

[No Truce With Kings]

They are going to write a book about Err America.

It will have two chapters: Chapter 7 and Chapter 11.

[steve-b]

I think I can guess the subject of the next DUFU installment....

[the invisib1e hand]

what a fitting end. stiff your creditors after defrauding charities and investors and lying to your audience.

The Left, in a nutshell.

[RSmithOpt]

Ditto! Anything of real value as a good or service will almost always make money. Guess twisted deceitful lies simply just don't sell except in the minds of the demented.

[CaliGangsta]

So much for the "push a bunch of crap from talentless hacks down your audience's throat" business model...

[veronica]

[Migraine]

Poor bastards. Guess there just wasn't any demand for their kind of drivel -- not from people who matter, anyway. Hope they don't charge that their drivel rights have been violated.

[CaliGangsta]

But wait, I thought liberals advocated socialism?? You mean Franken wasn't working for free?!? That capitalist bastard!!

[Gordongekko909]

I just download songs I want from Limewire while rakishly twirling my moustache and adjusting my monocle. That takes care of my music needs.

[Petronski]

Morally and intellectually bankrupt from day one.

Now financially bankrupt too?

[EQAndyBuzz]

"This just in....Randi Rhodes still needs a man.
"

No she doesn't. She needs a sharp crack to the teeth.

[Petronski]

This just in....Randi Rhodes still needs a man.

Or fresh batteries.

[Interesting Times]

Fear not! Err Amerika will surely succeed in wresting the airwaves away from the hated right-wing conspiracy.

Well, okay, maybe not.

[Gay State Conservative]

Good...now maybe their Boston affiliate will go go back to their previous format (Sinatra,Maguire Sisters,etc) which I really enjoyed.

[Godzilla]

This just in....Randi Rhodes still needs a man.

She needs a life even more.

[L98Fiero]

"Why do liberals need Air America when they already have the mainstream media in their pocket?"

That's one of the reasons it failed, I believe. Most Democrats can just watch the news or read the paper and get the liberal slant without having to listen to the talentless loser-moonbats on AA run the country down all day.

[Petronski]

[Eric in the Ozarks]

Not to mention our tax supported "Public" radio and TV network.

[TomGuy]

Awwwwwww, how sad.

We should take up a donation.

Oh golly gee darn dangit. I'm outta checks.

[Air America lasted longer than I thought they would.]

Just breaking on FoxNews. LOL

[EQAndyBuzz]

Problem here is, and I guarantee it, that the minute this show goes off the air, the leftw ill want Rush, Hannity and the rest to go off the air because of fairness.

[takeemout]

Why do liberals need Air America when they already have the mainstream media in their pocket?

I was having a debate this morning with a coworker who is a rabid lib and she actually thought Air America is an Airline!!! She said "I've heard so much about them but I can't find out how to buy tickets, my friends said it was run by liberal Democrats."

Can you believe that?

[Suzy Quzy]

They were morally bankrupt from the get go. Why isn't Soros bailing them out?

[MediaMole]

Does today count for the Air America dead pool?

[BladeLWS]

BWAHAHAHAHAHAHA!

[NittanyLion]

Can you believe that?

Coming from "a coworker who is a rabid lib"?

Sadly, yes.

[Dick Bachert]

The main reason why socialist/elitist morons like Franken, et al fail at talk radio is their near total inability to deal with opposition callers on an objective and rational basis -- assuming an opposition caller can even penetrate the intensive "screening" (read that "CENSORING") by the production people on such programs.

So much for all the left's BS about "diversity."

Good riddance. At least THIS waste of ether is finally and mercifully over.

[ChuckShick]

Bwahahahaha.

[divine_moment_of_facts]

I wonder who Liberals will blame for this, since they NEVER take responsibility for their own losses...

[TomGuy]

Not all of us can tune into XM, you know.

FYI

AOL has changed and now has free offerings. One of those is a free feed of XM radio. You might check it out. I just discovered it a couple of days ago, and have listened to the XM country music feed some.

[EQAndyBuzz]

Thing is, this is the true representation of our country. Comparing Rush to Franken, Hannity to Rhodes.

The rest of us are in the middle and we are the ones who have to choose sides. Based on that assumption, why would anyone follow Democrats around?

[vladimir998]

BWAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHAHAAAAA....

I'm......I'm sorry..BWAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAAAAA...

That just makes my day.

[Mike Darancette]

Chapter 11? Like there is any chance these goofs will be in business in 2 years.

[vladimir998]

This just in....Randi Rhodes is a man.

[Mo1]

Must stink to be a liberal .. LOLOLOL!!!

[Proverbs 3-5]

Dumb question: What exactly does "Chapter 11" mean?

Hopefully it doesn't mean they can stay on the air without paying their bills....

[Labyrinthos]

Does anyone know the district where Airhead America filed for bankruptcy.

[KOZ.]

or fresh batteries

.....or gasoline :)

[Patrick1]

They will stay on the air as long as there are Boys and Girls Clubs to rob.