Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Liberal News Radio Network Air America Set To File For Bankruptcy

January 25, 2010 by  

<img src="http://pictures.directnews.co.uk/liveimages/Al+Franken_1961_19574288_0_0_7036957_300.jpg" alt="Liberal news radio network Air America set to file for bankruptcy ” align=”right” class=”post_image”>Air America, which some called "the liberal radio’s answer to Rush Limbaugh," has announced it would file for Chapter 7 bankruptcy protection and prepare to close down its operations.

Launched by comedian Al Franken, who is now a U.S. senator from Minnesota, in 2004, the talk-radio network has about 100 radio outlets nationwide. But it has fallen victim to declining advertising sales during the recession and hasn’t been able to find new investors, according to Reuters, which quoted Air America Media chairman Charlie Kireker.

In addition, the company has been plagued with rising debt for most of its time in business. In fact, it had an earlier brush with bankruptcy but was bought out in 2007 by New York real estate mogul Stephen Green and his brother, politician Mark Green.

Some broadcast journalists have expressed gratitude for the work Air America has done. "There was a [need for an outlet] for the left on the air," said Carey Curelop, operations director for KPTK-AM 1090, an affiliate station in Seattle, quoted by ABC News.

"We’re totally indebted to Air America for launching the network and allowing us to get our feet on the ground," she added.

However, New York Daily News commentator David Hinkley wrote that, in the end, the scarcity of entertainment and relegation to part-time and small stations caused the network’s message to be drowned out.

Air America will broadcast "encore programming" though January 25 and then cease to air.
ADNFCR-1961-ID-19574288-ADNFCR

Special To Personal Liberty

You Sound Off! is written by our readers and appears the last Wednesday of each month. If you would like to submit an article or letter to the editor for consideration for You Sound Off!, send it to yousoundoff@personalliberty.com by the Friday before the last Wednesday of the month. To be considered, a submission should be 750 words or less and must include the writer's name, address and a telephone number. Only the writer's name will be published. Anonymous submissions will not be considered.

Facebook Conversations

Join the Discussion:
View Comments to “Liberal News Radio Network Air America Set To File For Bankruptcy”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

  • usmadgirl

    In the words of “Stuart Smalley”, “I’m not smart enough! I’m not good enough & doggone it, people don’t like me!”

    • JeffH

      …and I thought that Air America was one of the outfits that was flying supplies into Haiti for the earthquake victims. Are you sure they were a liberal radio voice because this is the first I have heard of them. Oh well!

      • JeffH

        I’ll bet that had Air America been a socialist/marxist radio network that George Soros would have come to their rescue or Obama would bail them out.

        • Joe H.

          Ladies and Gentlemen,
          I think a moment of silence is in order for this bastion of liberal spew and its owners..Ok!!! times up!!! As bugs would say “What a bunch of Maroons”!!!!!

      • Tinwarble

        No, Air America was a movie in 1990, that was based on no facts at all. Hey, what do you know? Seems like that kept that going with the radio program.

        • Fed Up Gal in NM

          Well….seems the only viewers must have just been the Minnesota JA’s that voted for that joke!

          Fed Up Gal

  • Robert

    I guess Fox News had it right when they said Liberal media is in trouble because they do not report the news in a fair and balance manner. I’m waiting for MSNBC to crash and burn. Keith and Rachel are the most obnoxious commentators on cable news, Keith with his hysterical vile comments and Rachel with he caddy smirks.

  • Fox nutcases

    Fox news?… They aren’t News… Glenn Beck said it yesterday….it’s an entertainment company… ……… For people with the IQ of a Dust Mite..

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.