Posted on 09/13/2006 9:46:50 AM PDT by rface
Air America Radio will announce a major restructuring on Friday, which is expected to include a bankruptcy filing, three independent sources have told ThinkProgress.
Air America could remain on the air under the deal, but significant personnel changes are already in the works. Sources say five Air America employees were laid off yesterday and were told there would be no severance without capital infusion or bankruptcy. Also, Air America has ended its relationship with host Jerry Springer.
The right wing is sure to seize on Air America’s financial woes as a sign that progressive talk radio is unpopular. In fact, Air America succeeded at creating something that didn’t exist: the progressive talk radio format. That format is now established and strong and will continue with or without Air America. Indeed, many of the country’s most successful and widely-syndicated progressive talk hosts — Ed Schultz and Stephanie Miller, for instance — aren’t even associated with Air America.
Radio giant Clear Channel is so committed to progressive talk radio that, this week, it will announce a partnership with the Center for American Progress, Jones Radio, and MSS Inc., to conduct a nationwide search for the next Progressive Talk Radio Star.
Sweet - except for the conspiracy theory part...
Great News
Haaaa haaaa ;-)
Where's Soros when you need him?
Anyone who was actually good at radio stayed well clear of Air America -- this isn;t an accomplishment of AA, it's an indictment.
Bwaaaaaa Haaaaaaa Haaaaaa Haaaaaa.....
Darwinism in action.
pit-y
Where's the Boys & Girls Club when you need it?
Typical lib pretzel logic, we lose again but it is a victory!
This reduces my chances to get an autographed copy of Stuart Smalley's book.
I do believe that Bill OReilly said that AirAmerica's fall was in the near future....Damn - I hate when he is right!!!
Booo Hoooooo Hooooooooooo............
NOT!
Soros did what he could.
It is the fault of the Right Wingers and the gun toting Christians that this great enterprise went under.
air america never heard of it.
I know the YWCA would gladly support these leftists cretins. What a joke that organization has become.
Any relations to Stuart Little?
Progressive Talk Radio + Washed Up Liberal Comedians = A BIG WASTE OF MONEY AND TIME.
BUH BYE
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