posted on Sep, 13 2006 @ 01:59 PM
It's being reported on Drudge now - through a "progressive" web site that Air America Radio has laid off staff and is declaring bankruptcy.
Be patient, apparently there is a lot of traffic on this site now, so it is sometimes difficult to connect to.
Air America Bankruptcy
Air America Radio will announce a major restructuring on Friday, which is expected to include a bankruptcy filing, three independent sources have
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.
Most knew that it was only a matter of time before this happened. Radio is all about having listeners and advertising to pay the bills. When you
have no listeners, you will have no advertising.
Last, and best are the reader comments at the bottom of the site page. They start out with Air America supporters saying things like "bankruptcy
proves that progressive radio is strong"
, and then the tone changes as "non-supporters" find the site and start to weigh in with their
Also, I'm trying to find more information on the comments listed about Air America Radio 'stealing' almost $1 million from a New York Boys and
Girls Club ...
[edit on 9/13/2006 by centurion1211]