Air America Radio, a liberal talk and news radio network that features the comedian Al Franken, has filed for Chapter 11 bankruptcy protection, a network official told The AP.
The network had denied rumors just a month ago that it would file for bankruptcy. On Friday, Air America spokeswoman Jaime Horn told The Associated Press that the filing became necessary only recently after negotiations with a creditor from the company's early days broke down. The network will stay on the air while it resolves issues with its creditors, Horn said.
3 comments:
Interesting how liberal talk radio can't compete with conservative talk radio. Yet liberal TV flourishes. Hmm... TV's are at home watched while sitting on your butt doing nothing, radios are in cars listened to as people go to and from work... could there be a connection? Nah!
;)
I think the government should fund air america. Much like they do PBS. We should place a tarrif on conservative talk radio and use those funds to enhance diveristy while spotlighting the failed policies of the Bush administration.
(I'm going as a liberal for Halloween.)
That will be one mighty scary costume there, Mr. Ball. ;)
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