Meant to post this earlier, too busy a day.
To pretty much no one's surprise--even its fans--Air America Radio filed for bankruptcy today:
While the filing does not put Air America out of business, it does put a large question mark over the network’s future. As speculation mounted in recent weeks that the network was not financially healthy enough to survive, Air America executives dismissed suggestions that a filing was imminent. ...
Court documents filed today paint a picture of a business under increasing financial distress. It has lost more than $13 million so far this year and a total of more than $40 million since May 2004. It also owes Mr. [Al] Franken more than $360,000.
Air America said that a company called Democracy Allies L.L.C. will provide it with the necessary financing to stay on the air. The company’s statement gave no information about that entity, but The Associated Press reported that it was an investor group set up by a former chairman of Piquant, Robert Glaser, who still owns more than one-third of the company.
Clear Channel, owner of local progressive talker KPOJ where AAR host Thom Hartmann holds forth locally in the morning, says it's sticking with the network for now.










I listened a few times and found the whole thing bizarre - nothing but Bush bashing as far as the eye (ear?) could see.
Still like O'Reilly better since he's an entertainer and his IQ must be way up there as well.
AAR deserved to die imho and I'm a liberal to the max!