No surprise that the liberal radio station "Air America" is going bankrupt.  Rumors have been going around for the past year, but it has finally been confirmed.

Imagine that, a liberal radio network not working.  Will they finally understand nobody wants to listen to anti-American, blame Bush, blame the U.S. bs all day?

"NEW YORK (AP) -- Air America Radio, a liberal talk and news radio network, has filed for Chapter 11 bankruptcy protection, a network official told the AP. The network had denied rumors just a month ago that it would file for bankruptcy, but on Friday Air America said negotiations with a creditor from the company's early days had broken down.

The network will stay on the air while it resolves issues with its creditors, spokeswoman Jaime Horn told the Associated Press. A formal announcement was expected to be made later Friday."


Comments
on Oct 13, 2006
Yea, I noted this a month ago.  My source was a left wing blog site.  It seems they were on the money.  Almost all companies lose money the first year.  But most show a tren towards profitability.  DispAIR America never did.