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 ...
Don’t forget that short little sawed-off lesbian with the glasses and two first names. Janeanne, the comedienne who wasn’t ever funny.
If a tree falls in the forest...
The bad news is that they will try to push for the Fairness Doctrine
In the cogent words of Jo Dee Messina:
“Nope, Sorry; My Give-A-Damn’s busted!”
If they switch from Air America to something else, those PSAs will be replaced by ads. Don’t worry, the PSAs will get aired. Even on successful stations (like conservative talk ones) there are ad buy lulls, like right now, and you’ll hear more PSAs..after the big Christmas buy, advertisers back off a little bit.
On Air America the advertisers didn’t show up at all
What the One didn’t give them a bailout? everyone else that supported him got one!
is that the barako bomber we’ve been hearing so much about?
“
“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.
“
Incredible.
The UberLiberals bow to the no-nonsense marketplace.
I’m suprised that Obama and Co. didn’t engineer a taxpayer-funded bailout.
YES! THAT'S IT!
ROFL!
So, did those charities they stole from ever get their money back?
Awwww the 10 listeners have had to take second jobs
Huh?
Huh?
Oxymoronic, innit?
Seriously, these people are delusional in the fact that they believe they have knowledge while wading waist-deep in the waters of ignorance.
Here's a good link.
Dang... I thought for sure that 24/7 whining would have caught on...
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