October 14, 2006

Air America, Home of Liberal Talk, Files for Bankruptcy Protection - New York Times

Air America, Home of Liberal Talk, Files for Bankruptcy Protection - New York Times:

This piece is trying to put a good face on an abject failure. This network's business model apparently lacked any substance besides RealNetworks Rob Glaser's willingness to spend millions on it.



"While the network's future appeared uncertain, industry executives were quick to deny any suggestion that the filing reflected lack of listener interest in the so-called progressive talk format. Air America says its programming is carried on 92 stations nationwide and reaches 2.4 million listeners a week."

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