With reference to the article that no bankruptcy has been filed, that article has changed since my original post. Air America is doing what it typically does, simply lying throught their collective teeth. What's their motivation? Simple. They're never going to raise the capital they need if they are honest about their financial situation.
That being said, here's some reality about this "network" that cannot be refuted.
1) They accepted an illegal loan from one of their cronies working at the NYC Boys and Girls Club to the tune of $750,000. It hasn't helped their ratings.
2) Despite all of the money that has been dumped into their coffers by liberal activists like George Soros, they have never made a dent in any market they broadcast in. Here in the ATL, they were a distant third behind the other three talk stations, and even the new Business Talk Radio 1160 station is drawing almost the same audience they had, AND THEY'VE ONLY BEEN ON THE AIR A COUPLE OF MONTHS!
3) They used a backward radio model to push their agenda. All talk show hosts that are broadcast receive a portion of the advertising dollars from the stations that carry them. Air America paid every station that ran their programming. So what you have is nothing more than an infomercial disguised as commercial radio that's beholden to its financeers to push their agenda!
4) They misrepresent their "network" in their own publications. In Atlanta, they call 1690 an affiliate even though they're running only Franken. In other cities, they name affiliates that aren't even broadcasting their programming!
And finally...
5) Their on-air personalities suck. Bottom line. Randi Rhodes is a lunitic, Jerry Springer (Jettisoned from their lineup today, though I'm sure he'll say it's because he's running for office) is a joke, Franken is boring and the rest of their talent is less than second rate. If any one of them had a product that was commercially viable, the network would not be in the state its in. PERIOD.
That's my take on it kids, and to be honest with you, I'm surprised this hasn't happened sooner.
That being said, here's some reality about this "network" that cannot be refuted.
1) They accepted an illegal loan from one of their cronies working at the NYC Boys and Girls Club to the tune of $750,000. It hasn't helped their ratings.
2) Despite all of the money that has been dumped into their coffers by liberal activists like George Soros, they have never made a dent in any market they broadcast in. Here in the ATL, they were a distant third behind the other three talk stations, and even the new Business Talk Radio 1160 station is drawing almost the same audience they had, AND THEY'VE ONLY BEEN ON THE AIR A COUPLE OF MONTHS!
3) They used a backward radio model to push their agenda. All talk show hosts that are broadcast receive a portion of the advertising dollars from the stations that carry them. Air America paid every station that ran their programming. So what you have is nothing more than an infomercial disguised as commercial radio that's beholden to its financeers to push their agenda!
4) They misrepresent their "network" in their own publications. In Atlanta, they call 1690 an affiliate even though they're running only Franken. In other cities, they name affiliates that aren't even broadcasting their programming!
And finally...
5) Their on-air personalities suck. Bottom line. Randi Rhodes is a lunitic, Jerry Springer (Jettisoned from their lineup today, though I'm sure he'll say it's because he's running for office) is a joke, Franken is boring and the rest of their talent is less than second rate. If any one of them had a product that was commercially viable, the network would not be in the state its in. PERIOD.
That's my take on it kids, and to be honest with you, I'm surprised this hasn't happened sooner.