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Air America Folds

If a progressive radio station ceases operations and declares bankruptcy, will anyone hear it?

AirAmerica.com

It is with the greatest regret, on behalf of our Board, that we must announce that Air America Media is ceasing its live programming operations as of this afternoon, and that the Company will file soon under Chapter 7 of the Bankruptcy Code to carry out an orderly winding-down of the business.

The very difficult economic environment has had a significant impact on Air America’s business. This past year has seen a “perfect storm” in the media industry generally. National and local advertising revenues have fallen drastically, causing many media companies nationwide to fold or seek bankruptcy protection. From large to small, recent bankruptcies like Citadel Broadcasting and closures like that of the industry’s long-time trade publication Radio and Records have signaled that these are very difficult and rapidly changing time

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2 responses to “Air America Folds

  1. Trevor Hilton
    says:

    Rush Limbaugh should be able to buy it now. That would make a few looney leftwing liberals heads explode.

    Ya know, Skye, I don’t know what happened here. But, for the past week or so, whenever I would try to come read this blog, my computer would lock up.

  2. says:

    Very good writing. I am glad your posting that. I hope you can accept my apology for my less good English Skills, I am from France and English is sort of new to me. I will bookmark your blog and keep reading.

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