Air America files for Capter 11
There is a suprise…. A network that bases its programing on hate and advancing the liberal socialist agenda couldn’t sell any advertising… I bet Al Franken got his pay though…
From Breitbart
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.
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October 13, 2006 at 12:48 pm
Drudge is reporting Al Franken Inc is owed $360,749.98, I’m not sure if that means Franken is personally owed that or any part of it.
October 13, 2006 at 3:04 pm
Air America denied bankruptcy filings a month ago….kind of like their content; not terribly truthful
October 13, 2006 at 6:02 pm
Guess they won’t be stiffing any more Boys Clubs…