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Air America ceases live broadcasts today!

Old 01-21-10, 05:36 PM
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Air America ceases live broadcasts today!

http://paidcontent.org/article/419-a...re-bankruptcy/

Air America Ceasing Live Broadcasts, Will Declare Bankruptcy
David Kaplan
Jan 21, 2010 5:01 PM ET

It’s a tough week for liberals… Barely a day after the Democrats lost a crucial Senate seat, lefty radio station Air America is calling it quits. In an unsigned announcement on its website, the company says it will cease live broadcasts and will soon file for Chapter 11 bankruptcy protection. The news comes a month after Michael Bassik, the station’s first chief digital officer, resigned. At the time, Air America immediately said that he would not be replaced. More to come

This is what Air America has posted to its home page. All other links to the site are gone:

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 times.

Those companies that remain are facing audience fragmentation as a result of new media technologies, are often saddled with crushing debt, and have generally found it difficult to obtain operating or investment capital from traditional sources of funding. In this climate, our painstaking search for new investors has come close several times right up into this week, but ultimately fell short of success.

With radio industry ad revenues down for 10 consecutive quarters, and reportedly off 21% in 2009, signs of improvement have consisted of hoping things will be less bad. And though Internet/new media revenues are projected to grow, our expanding online efforts face the same monetization and profitability challenges in the short term confronting the Web operations of most media companies

When Air America Radio launched in April, 2004 with already-known personalities like Al Franken and then-unknown future stars like Rachel Maddow, it was the only full-time progressive voice in the mainstream broadcast media world. At a critical time in our nation’s history — when dissent on issues such as the Iraq war were often denounced as “un-American” — Air America and its talented team helped millions of Americans remember the importance of compelling discussion about the most pivotal events and decisions of our generation.

Through some 100 radio outlets nationwide, Air America helped build a new sense of purpose and determination among American progressives. With this revival, the progressive movement made major gains in the 2006 mid-term elections and, more recently, in the election of President Barack Obama and a strongly Democratic Congress.

Laws have changed for the better thanks to this revival…..but all the same our company cannot escape the laws of economics. So we intend a rapid, orderly closure over the next few days. All current employees will be paid through today, January 21. A severance package will be offered tomorrow to full-time current employees with more than six months of tenure.

We will strive to assist affiliates and partners in achieving a smooth transition. Starting at 6 pm EST today, we will provide our affiliates, listeners and users a selection of encore programming until 9 pm EST on Monday, January 25, at which time Air America programming will end.

We are proud that Air America’s mission lives on through the words and actions of so many former radio hosts who are active today in progressive causes and media nationwide. In the years ahead, as we look back, we should all be proud of our passionate determination to assure that our nation’s progressive voice would be heard loud and clear. Through the hard work and dedication of current staff, and those who preceded you, a lasting legacy was forged which will now continue through other voices and venues.

Thank you.
Not entirely unexpected I guess but this sure is sudden.
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Old 01-21-10, 05:39 PM
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Re: Air America ceases live broadcasts today!

Not surprising. Al was the only thing they had going, and once he left, the days were numbered. Well, they were numbered shorter, anyway.
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Old 01-21-10, 05:41 PM
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Re: Air America ceases live broadcasts today!

How can anyone tell? Did they have any actual, you know, station affiliates?
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Old 01-21-10, 05:42 PM
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Re: Air America ceases live broadcasts today!

You know, Air America could stay on the air playing old broadcasts. Just have someone dub in the names of people currently in the news instead. No one will know the difference.
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Old 01-21-10, 05:42 PM
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Re: Air America ceases live broadcasts today!

That election in Massachusetts was more powerful then we knew!
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Old 01-21-10, 05:43 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by Suprmallet View Post
You know, Air America could stay on the air playing old broadcasts. Just have someone dub in the names of people currently in the news instead. No one will know the difference.
Why dub in names? Obama is still blaming Bush/Cheney so AA can do another 7 years of reruns blaming them too.
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Old 01-21-10, 05:48 PM
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Re: Air America ceases live broadcasts today!

Fair enough.
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Old 01-21-10, 05:51 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by Suprmallet View Post
You know, Air America could stay on the air playing old broadcasts. Just have someone dub in the names of people currently in the news instead. No one will know the difference.
According to the announcement they're going to broadcast reruns through Monday at 9pm EST and that's it.
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Old 01-21-10, 05:52 PM
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Re: Air America ceases live broadcasts today!

I thought they'd folded years ago.
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Old 01-21-10, 05:56 PM
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Re: Air America ceases live broadcasts today!

Here in Chicago, we have a liberal talk station but I think they only broadcast one Air America show (Ron Reagan).
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Old 01-21-10, 05:58 PM
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Re: Air America ceases live broadcasts today!

Man, I miss Ron Reagan's show from KIRO in Seattle. I think they dropped him though.
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Old 01-21-10, 06:11 PM
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Re: Air America ceases live broadcasts today!

I love how they claim it was only a "perfect storm" this year that caused them to fold.
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Old 01-21-10, 06:12 PM
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Re: Air America ceases live broadcasts today!

Democrats are dead. Within five years we have two parties: the Republicans and the Teabaggers. You heard it here first, folks.
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Old 01-21-10, 07:22 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by Groucho View Post
Democrats are dead. Within five years we have two parties: the Republicans and the Teabaggers. You heard it here first, folks.
Then that would mean the Dems would be the new Republicans and Republicans will be the Teabaggers. The majority of America doesn't want higher taxes. If your on welfare you don't care you just want more benefits, but in order to pay for that you have to raise taxes.
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Old 01-21-10, 11:39 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by Groucho View Post
Democrats are dead. Within five years we have two parties: the Republicans and the Teabaggers. You heard it here first, folks.
Browncoats vs. Alliance
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Old 01-22-10, 12:20 AM
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Re: Air America ceases live broadcasts today!

Originally Posted by X View Post
Why dub in names? Obama is still blaming Bush/Cheney so AA can do another 7 years of reruns blaming them too.
Good suggestion, but I think another *3* years is much more realistic.
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Old 01-23-10, 12:51 PM
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Re: Air America ceases live broadcasts today!

Air America? Never heard of it.
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Old 01-23-10, 07:08 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by kenbuzz View Post
Air America? Never heard of it.


Wasn't very memorable.
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Old 01-23-10, 07:13 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by Groucho View Post
Democrats are dead. Within five years we have two parties: the Republicans and the Teabaggers. You heard it here first, folks.
That would make for an interesting Politics Forum. I'd probably still be cynical.
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Old 01-23-10, 10:20 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by Red Dog View Post
That would make for an interesting Politics Forum. I'd probably still be cynical.
You can start your own party, the Glibertarians.
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Old 01-23-10, 11:46 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by movielib View Post


Wasn't very memorable.
Works better if you think of it as a prequel to Lethal Weapon, showing what Mel Gibson was doing in 'Nam.
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Old 01-24-10, 01:39 AM
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Re: Air America ceases live broadcasts today!

It's the result of a vast right-wing conspiracy.

The Fairness Doctrine should be reinstated & stimulus money granted to keep Air America broadcasting regardless of whether anyone is actually listening.

Fox News & conservative radio, on the other hand, should have heavy fines imposed upon them & come under intense federal scrutiny for violations of fair & balanced reporting. Just because.
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Old 01-24-10, 05:48 AM
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Re: Air America ceases live broadcasts today!

Originally Posted by creekdipper View Post
It's the result of a vast right-wing conspiracy.

The Fairness Doctrine should be reinstated & stimulus money granted to keep Air America broadcasting regardless of whether anyone is actually listening.

Fox News & conservative radio, on the other hand, should have heavy fines imposed upon them & come under intense federal scrutiny for violations of fair & balanced reporting. Just because.
Then it should be the viewers who get fined not FOXNEWS. They are the ones who choose to leave CNN and switch over to FOXNEWS despite the constant bashing from newspaper columnists and Hollywood celebs. As of late Bill O'Reilly has asked President Obama to appear on his show. Obama must have time on his hands since he's appearing on other news shows. Obama says he hasn't reached the people.
Maybe he out to try on the #1 cable news show.
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Old 01-24-10, 10:25 PM
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Re: Air America ceases live broadcasts today!

Originally Posted by wm lopez View Post
Then it should be the viewers who get fined not FOXNEWS. They are the ones who choose to leave CNN and switch over to FOXNEWS despite the constant bashing from newspaper columnists and Hollywood celebs. As of late Bill O'Reilly has asked President Obama to appear on his show. Obama must have time on his hands since he's appearing on other news shows. Obama says he hasn't reached the people.
Maybe he out to try on the #1 cable news show.
Actually, I'm expecting that we will be fined sooner than later.

The current regime is working overtime to invent new fines for everything they can think of.

Of course, they're not 'new taxes'...that would be violating campaign promises to the middle class.

Instead, they're just "mandates', which makes me feel much better about the whole 'forced' thing.
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