Skip to comments.Air America Radio closing, filing for bankruptcy
Posted on 01/22/2010 9:26:33 AM PST by The Anti-One
LOS ANGELES Air America Radio, a radio network that was launched in 2004 as a liberal alternative to Rush Limbaugh and other conservative commentators, on Thursday shut down abruptly due to financial woes.
The network once boasted hosts such as Al Franken and Rachel Maddow, but struggled from the outset, including multiple management shake-ups, a bankruptcy in 2006 and sale for $4.25 million the following year.
Air America ceased airing new programs Thursday afternoon and said it will soon file to be liquidated under Chapter 7 bankruptcy. It began broadcasting reruns of programs and would end those as well Monday night.
"The very difficult economic environment has had a significant impact on Air America's business. This past year has seen a `perfect storm' in the media industry generally," the company said in a statement on its Web site.
The New York-based network said its "painstaking search for new investors" came close to succeeding even this week, "but ultimately fell short."
(Excerpt) Read more at news.yahoo.com ...
On another note. Please forgive me if this has already been posted. I did a search and didn't find it.
"Show me just what Mohammed brought that was new, and there you will find only things evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelogus
Maybe Senator Al Franken can rush through a bill to support them as necessary propaganda a la NPR.
They couldn’t cut it.
No credible hosts or hostess.
No dignity ...just look at those who were involved
But you can and should take a moment to enjoy what has went well this week.
The only reason NPR is still on the air with its current hosts/format is because it is taxpayer funded.
.......... Augured in 1/21/10 ..........
Business ventures come and go. Usually they do not provide what the customer wants.
Customers are smart sometimes, contrary to liberal beliefs.
Somebody want to place a test call?
Absolutely don’t get complacent. THEY ARE GOING TO PUSH 0BAMACARE THROUGH THIS WEEKEND! Call the Congressional switchboard this Friday! Swamp them with your faxes and phone calls and emails.
The Landing of Err America.
Geez, what a surprise...especially since America is so solidly left...just ask the MSM...
I know that no one saw jailtime but did they ever pay BACK the childrens’ charity they stole money from to stay on the air?
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