The Radio Equalizer article mentioned further down suggests Air America may loose its lease on WLIB. This is not the whole story (at least as reported by Brian Maloney).
Maloney says the station license, now owned by Inner City Broadcasting, may be taken over by a group headed by former Clear Channel Radio CEO Randy Michaels (who was also former WNBC General Manager during the Don Imus - Howard Stern era). Michaels now owns and syndicates Ed Schultz' lib talk program and may retain some interest in Clear Channel's Jerry Springer show (which Air America currently distributes).
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Taking control of Inner City Broadcasting Corporation (ICBC)- owned WLIB is said to be a consortium of industry heavyweights, including former Clear Channel executive Randy Michaels and Boston-based broadcast investment firm Alta Communications, in partnership with ICBC.
Since leaving Clear Channel, Michaels has been determined to build his own broadcasting empire, purchasing stations, bidding on station licenses and syndicating programs (including liberal talkers Jerry Springer and Ed Schultz). With a portfolio of investments in smaller television and radio operators, Alta would seem a perfect fit for his plans.
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Maloney describes the payment terms for Air America's lease on WLIB and suggests (without specific evidence) they may have defaulted, and this provided the opening for Michaels to move in.
Maloney does not seem to think continuing Lib Talk on WLIB is what Michaels would likely do, it seems to be the most logical step. Michaels is already involved in LibTalk programming and it makes more sense for him to build on WLIB 's current schedule than start from scratch. He might replace all or some of Air America's LibTalk shows with Ed Schultz, local programming and other shows he hopes to develop for syndication. He might make a deal to continue some shows from Air America, too. Besides, what other AM format makes sense for him try? He has a clear field in LibTalk.
http://radioequalizer.blogspot.com/
Maloney says the station license, now owned by Inner City Broadcasting, may be taken over by a group headed by former Clear Channel Radio CEO Randy Michaels (who was also former WNBC General Manager during the Don Imus - Howard Stern era). Michaels now owns and syndicates Ed Schultz' lib talk program and may retain some interest in Clear Channel's Jerry Springer show (which Air America currently distributes).
______________________________________________
Taking control of Inner City Broadcasting Corporation (ICBC)- owned WLIB is said to be a consortium of industry heavyweights, including former Clear Channel executive Randy Michaels and Boston-based broadcast investment firm Alta Communications, in partnership with ICBC.
Since leaving Clear Channel, Michaels has been determined to build his own broadcasting empire, purchasing stations, bidding on station licenses and syndicating programs (including liberal talkers Jerry Springer and Ed Schultz). With a portfolio of investments in smaller television and radio operators, Alta would seem a perfect fit for his plans.
_______________________________________________
Maloney describes the payment terms for Air America's lease on WLIB and suggests (without specific evidence) they may have defaulted, and this provided the opening for Michaels to move in.
Maloney does not seem to think continuing Lib Talk on WLIB is what Michaels would likely do, it seems to be the most logical step. Michaels is already involved in LibTalk programming and it makes more sense for him to build on WLIB 's current schedule than start from scratch. He might replace all or some of Air America's LibTalk shows with Ed Schultz, local programming and other shows he hopes to develop for syndication. He might make a deal to continue some shows from Air America, too. Besides, what other AM format makes sense for him try? He has a clear field in LibTalk.
http://radioequalizer.blogspot.com/