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Politics : Err America: They Report, They Decide -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (970)10/13/2006 11:21:49 AM
From: DMaA  Read Replies (1) | Respond to of 1513
 
Air America: Screwing [creditors] and Spewing.



To: Glenn Petersen who wrote (970)10/13/2006 12:39:56 PM
From: richardred  Read Replies (2) | Respond to of 1513
 
Free Fall Radio: Air America Goes Bankrupt
Liberal network lists $20.2 million in debts, assets of $4.3 million

OCTOBER 13--Air America Radio today filed for bankruptcy, listing liabilities in excess of $20 million and assets of only $4 million. The Chapter 11 filing by Piquant LLC, the radio network's parent company, was made in U.S. District Court in Manhattan. The list of Air America's debtors runs 25 pages, and includes on-air personalities like Al Franken ($360,749.98) and Chuck D ($10,749.99), as well as law firms, landlords, limousine firms, and a variety of other businesses. The company's single largest debtor is Rob Glaser, founder of RealNetworks, who is owed $9.8 million, according to the bankruptcy petition. Below you will find an excerpt of the court filing showing all Air America debtors.
thesmokinggun.com



To: Glenn Petersen who wrote (970)10/13/2006 1:07:17 PM
From: Brumar89  Read Replies (2) | Respond to of 1513
 
Liberals can take heart in that though Err America has gone under, CBS, CNN, ABC, NBC, etc are still there.



To: Glenn Petersen who wrote (970)10/13/2006 8:56:15 PM
From: American Spirit  Respond to of 1513
 
Keith Olberman now beats O'Reilly in 24-54 age group.
That's the key most vital demographic. And since O'Reiully is obviously not attractive to young people, this means 75% of O'Reilly's audience is 55 and older.

Something to consider. Who is the top TV talker of the future? Not O'Reilly. And Fox may be looking at a bleak future as well.

Meanwhile low budget indie shows like they have on Air America are doing great. Al Franken has never been more popular and could get himself a primetalk network show soon. But he may also run for senator in 2008, and he will beat Norm Coleman if he runs.