Air America is finally folding after limping along on life support since 2006. It had entered bankruptcy protection in 2006 because it could never make money from advertising, which is the lifeblood of any radio venture. For them to claim that the economic market forced this decision avoids the point that the network had been in trouble for years, and that it never showed that it could be a viable media outlet.
Curiously, while the New York Times mentioned that Al Franken at one point was one of the high profile personalities on the network, it studiously avoids any of the money issues that Franken had with the network, or the problems that the network had with the Gloria Wise Boys and Girls Club in New York City.
I doubt anyone is going to miss the network as its listnership was so paltry.
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