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Pendulum Media Buys Air America Radio
Radioink.com ^ | Feb 21, 2008 | Unkown

Posted on 02/22/2008 7:31:16 PM PST by Hillarys Gate Cult

February 21, 2008: Vermont businessman and former state government official Charlie Kireker is becoming Chair of the board of Air America Radio as his newly formed Pendulum Media agrees to purchase a controlling interest in the liberal talk network from Green Family Media. Kireker takes over from Stephen Green, who will remain on the Air America board.

Green Family Media completed its purchase of Air America from Piquant LLC in March 2007, six months after the network filed for bankruptcy under previous owner Piquant LLC. Air America President Mark Green and COO Scott Elberg will remain in place under the new ownership, and Philippe Collin has joined the company as SVP/GM of Interactive Media.

"I'm thrilled to become the Chair of one of the new, leading journalistic voices in America," Kireker said. "The investors in our group have great confidence in the future growth of Air America's audience and media reach."

Kireker said Green has "been instrumental in the effort to save and stabilize Air America" and continued, "Now in its fourth year of existence, Air America has consolidated its operations and is ready to pursue an expansion strategy and profitable growth in and after this pivotal election year."

Kireker is the co-founder and former Managing Director of Vermont venture capital fund FreshTracks Capital. He headed the Massachusetts Industrial Finance Agency in the 1980s and spent 10 years on the Council of Economic Advisors for then-Vermont Governor Howard Dean


TOPICS: Business/Economy; News/Current Events; US: New York
KEYWORDS: afoolandhismoney; airamerica; goodmoneyafterbad; liberals; radio; talk
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Until now I didn't realize that one could sell a dead dog. I would love to see the details of this deal. If the guy paid more than a Canadian penny then he was robbed.

Lib sites declare that Green is leaving while AAR is on the verge of profitability. Next they'll tell us the one about the Easter bunny.

1 posted on 02/22/2008 7:31:18 PM PST by Hillarys Gate Cult
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To: Hillarys Gate Cult

Nothing like throwing money down a rat hole.


2 posted on 02/22/2008 7:34:37 PM PST by boomop1
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To: boomop1

Actually, change the format to something people actually want to hear, and it stands a chance. There must be lots of conservative radio hosts just waiting in the wings for their big chance!


3 posted on 02/22/2008 7:37:04 PM PST by basil (Support the Second Amendment--buy another gun today!)
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To: Hillarys Gate Cult
"Now in its fourth year of existence, Air America has consolidated its operations and is ready to pursue an expansion strategy and profitable growth in and after this pivotal election year."

News Flash for Moonbats: If you can't make money doing political talk radio IN AN ELECTION CYCLE, you certainly aren't going to make it in the off-years.

But please, be my guest to try.

4 posted on 02/22/2008 7:39:27 PM PST by Henchster (Free Republic - the BEST site on the web!)
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To: basil

I went to school with Charlie (Princeton ‘72). I thought he was a conservative. Whatever.


5 posted on 02/22/2008 7:40:26 PM PST by exDem from Miami
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To: basil

I went to school with Charlie (Princeton ‘72). I thought he was a conservative. Whatever.


6 posted on 02/22/2008 7:40:28 PM PST by exDem from Miami
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To: Hillarys Gate Cult

Here’s his comment as a Friend of Obama.

http://my.barackobama.com/page/dashboard/public/gGg3Fp

Gag me with a spoon.


7 posted on 02/22/2008 7:41:02 PM PST by Cicero (Marcus Tullius)
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To: Henchster
But please, be my guest to try.

Let them spend away!

8 posted on 02/22/2008 7:41:31 PM PST by HoosierHawk
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To: Hillarys Gate Cult
I guess they think if they don’t lose any stations in a period of a few months then that counts as success.
9 posted on 02/22/2008 7:42:24 PM PST by Hillarys Gate Cult (The man who said "there's no such thing as a stupid question" has never talked to Helen Thomas.)
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To: Hillarys Gate Cult

It reminds me of the movie “The Money Pit”.


10 posted on 02/22/2008 7:44:24 PM PST by Man50D (Fair Tax, you earn it, you keep it!)
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To: Hillarys Gate Cult; JustAmy; Rennes Templar; LexBaird; mikrofon; martin_fierro; lowbridge; ...
Once upon a channel dreary
Raged some Libs incoherently
As mad as he who loved Lenore
Despite how Owl Frankenstein doth roar
Lo! how its audience of six doth snore!
...May it profit Nevermore.

--Not necessarily from Poe's The money Pit and the Pendulum




Pun for All and All for Pun....
Funners & Punners
ping list PING! (see keyword FReePun)
If you want either on or off
this family-safe occasional ping list,
you must be out of your minds....


I don't ping the list to threads that are sacreligious or tacky or seem likely to become so.
(on or off requests, just FReepmail, enclosing a nominal $217.95 list processing fee).

11 posted on 02/22/2008 7:44:35 PM PST by The Spirit Of Allegiance (Public Employees: Honor Your Oaths! Defend the Constitution from Enemies--Foreign and Domestic!)
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To: Hillarys Gate Cult
"I'm thrilled to become the Chair of one of the new, leading journalistic voices in America," Kireker said. "The investors in our group have great confidence in the future growth of Air America's audience and media reach."

How did this man manage to make enough money to throw away on Air America? He doesn't even know what journalism is.

12 posted on 02/22/2008 7:44:44 PM PST by skr (How majestic is Thy Name, O Lord, and how mighty are Thy Works!)
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To: Hillarys Gate Cult

The phrase about rearranging deck chairs and the Titanic come to mind.

Having said that; I really do hope liberal talk radio succeeds. I don’t expect it will ever reach a parity with conservative oriented talk radio, but I hope it’s good enough to where the liberal side can get their twisted views out there, protecting the overall industry from attempts of censorship because of perceived political imbalance.


13 posted on 02/22/2008 7:45:08 PM PST by KoRn (CTHULHU '08 - I won't settle for a lesser evil any longer!)
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To: Hillarys Gate Cult

Look, if they want to throw money away, it would be easier to toss it out their window. Just let us Freepers know when they do.


14 posted on 02/22/2008 7:45:13 PM PST by ElkGroveDan (When you choose the lesser of two evils, you still have evil.)
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To: Hillarys Gate Cult
"I'm thrilled to become the Chair of one of the new, leading journalistic voices in America,"

Leading?

With their ratings?

Imagine a businessman who views their track record as "leading".....yeah...here's an investment to jump right into...."down periscope!"

15 posted on 02/22/2008 7:45:22 PM PST by capt. norm (Never underestimate the power of very stupid people in large groups.)
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To: Hillarys Gate Cult

Alternate Headline: Pendulum Media soon to file for bankruptcy.


16 posted on 02/22/2008 7:45:46 PM PST by rock_lobsta (I Love Global Warming!)
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To: Hillarys Gate Cult

Who are all these Green people?


17 posted on 02/22/2008 7:45:58 PM PST by tear gas (Because of the 22nd Amendment, we are losing President. Bush. Can we afford to lose him now?)
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To: boomop1
Nothing like throwing money down a rat hole.

Or throwing good bad money after bad.

18 posted on 02/22/2008 7:47:15 PM PST by FoxInSocks
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To: Hillarys Gate Cult

It’s like any form of socialism - each guy thinks he’s the one that’s finally going to make it work.


19 posted on 02/22/2008 7:50:35 PM PST by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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To: exDem from Miami

Great! Maybe you can get a gig—LOL! Wouldn’t it be great to have a Freeper who would eventually be as well known as Rush. We’ll help by being sure you always have the latest from FR!


20 posted on 02/22/2008 7:53:24 PM PST by basil (Support the Second Amendment--buy another gun today!)
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