Air America, a on-going speak air wave network, pronounced Thursday which it would stop report immediately, bowing to what it called a “very formidable mercantile environment.”
“It is with a biggest regret, upon interest of a board, which you contingency make known which Air America Media is ceasing a live programming operations as of this afternoon, as well as which a association will record shortly underneath Chapter 7 of a Bankruptcy Code to lift out an nurse circuitous down of a business,” a authority of Air America Media, Charlie Kireker, pronounced in a memorandum.
His make a difference was published upon AirAmerica.com.
The headlines did not come as a finish warn to staff members. The company, which was founded in 2004, never found a estimable assembly or receptive to advice monetary footing. It filed for disaster insurance in 2006, though managed to stay upon a air during which time. The network topsy-turvy by multiform owners as well as multiform attempted reinventions, with tiny to uncover for it.
“The actuality of a make a difference was, it was regularly a really severe commercial operation proposition, as well as it never had a right management,” pronounced Sam Seder, who hosted programs upon Air America until final year.
The headwinds were enormous, he said, adding, “Radio is a failing industry.”
Nonetheless, a network was a launchpad for a tiny series of magnanimous media stars, many particularly Rachel Maddow, who right away anchors a prime-time module upon MSNBC.
Several former Air America hosts, together with Randi Rhodes as well as Thom Hartman, sojourn upon a air wave though detached from a network. “It would be a contrition if a universe sees a disaster of Air America as representing a disaster of on-going speak radio,” pronounced Michael Harrison, a editor of Talkers magazine.
Senator Al Franken, Democrat of Minnesota, hosted an Air America uncover from 2004 to 2007 prior to using for office. >>
key : air america, thom hartmann, rachel maddow, air america radio, randi rhodes, stephanie miller
Topics: Air America Radio, Al Franken, Bankruptcy Code, Bankruptcy Protection, Business Proposition, Headwinds, Michael Harrison, Msnbc, Prime Time Program, Programming Operations, Rachel Maddow Air America, Randi Rhodes, Right Management, Sam Seder, Sound Financial Footing, Stephanie Miller, Substantial Audience, Talk Radio Network, Thom Hartman, Thom Hartmann
