Air America unable to compete with the rest of lib media will likely file bankruptcy.

Think Progress reports, mournfully, that Air America Radio will declare bankruptcy.

Air America Radio will announce a major restructuring on Friday, which is expected to include a bankruptcy filing, three independent sources have told ThinkProgress.Air America could remain on the air under the deal, but significant personnel changes are already in the works. Sources say five Air America employees were laid off yesterday and were told there would be no severance without capital infusion or bankruptcy. Also, Air America has ended its relationship with host Jerry Springer.

Entirely too much competition in the liberal media for another outlet of hate-filled diatribe to get much success …

Hat Tip to News Busters

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  1. Thanks for all the hyperventilating excitement, Freepers. AAR has always had a brilliant business strategy of not paying for any advertising (apart from what they self promote on the air). They are able to do this by agitating the wingnuts and getting people talking about it all the time. Witness the fact that Bill O’Reilly can not keep from talking about AAR, and I know about this even though I don’t watch O’Reilly. The lack of advertising in other media means that they can spend their money on operating costs.

    By the same token, this strategy has allowed other progressive talker like Miller and Schultz to provide mutual benefits and pull each other along.

    Bottom line is that AAR is getting more free advertising from these rumors or facts; true or not it doesn’t matter as long as Malkin, O’Reilly, Limbaugh, etc talk about it, along with the big guns of the progessive blogosphere such as Atrios and Kos. Since when has this hurt anybody? They don’t care what they say about the station as long as you get the network’s name approximately phonetically correct. Keep it coming.




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