Originally posted by buttercup
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Air America Goes off the Air
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Nothing for the left? Well, the left has NPR, NBC, PBS, CBS,CNN, Oprah, etal. To claim the right dominates the airwaves is silly.
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If Air America is responsible for bringing us Al Franken, I'm glad they're gone.
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It appears that their business model was not too good. Not much different than the business model that we have in DC today.
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I hate that. It's always good to have two sides to any story available....Rush has a monopoly on the right. Now nothing for the left. Oh well.
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Air America Goes off the Air
January 21, 2010
Air America Radio is shutting down its operations after company files for bankruptcy.
Air America Radio, a progressive radio network that once aired commentary from Al Franken and Rachel Maddow, said Thursday it is shutting down immediately.
The company founded in April 2004 said it ceased airing new programs Thursday afternoon and will soon file to be liquidated under Chapter 7 bankruptcy. It began broadcasting reruns of programs and would end those as well Monday night.
Air America said 10 consecutive quarters of declining ad revenue and the difficulty of making money on the Internet contributed to its financial woes.
"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 network had some 100 radio outlets nationwide.
Franken, a Democrat, hosted his own show from 2004 to 2007 before going on to become a U.S. senator from Minnesota last year after a close election. Maddow went on to host her own TV show on MSNBC.
Source: AP
Link: http://www.foxnews.com/entertainment...est=latestnewsLast edited by Flamingo; 01-22-2010, 03:16 AM. Reason: To conform with forum posting rules - OP PLEASE NOTETags: None
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