http://thinkprogress.org/2006/09/13/air-america-bankruptcy
EXCLUSIVE: Air America To Declare Bankruptcy, But Progressive Radio Remains Strong 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 Americas financial woes as a sign that progressive talk radio is unpopular. In fact, Air America succeeded at creating something that didnt 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 countrys most successful and widely-syndicated progressive talk hosts Ed Schultz and Stephanie Miller, for instance arent 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 and MSS Inc. to conduct a nationwide search for the next Progressive Talk Radio Star. Sigmund Freud Sez: Liberalism is a Mental Disorder http://www.cafepress.com/rightwingmike/1821475 Right Wing Stuff at http://www.cafepress.com/rightwingmike _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
