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Friday, October 13, 2006
10/13: Air America files for bankrupty protection
The Atlanta Journal-Constitution
Sorry. I was out for part of the afternoon and only now have time to include the fact that liberal talk show network Air America filed for Chapter 11 bankruptcy protection, something that was hinted at on the Web about a month ago.
Air America lost its Atlanta affiliate over the summer when Joe Weber purchased AM1690. He has kept Al Franken on but is playing an eclectic mix of music in other time slots. The network has not found a new outlet yet in Atlanta. Overall, the network is on 90 stations but has struggled in many places for ratings traction.
Here’s the story It says the network has lost $40 million in two years.




