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ThinkProgress: Air America To Declare Bankruptcy [View All]

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LTR Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-13-06 12:31 PM
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ThinkProgress: Air America To Declare Bankruptcy
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Edited on Wed Sep-13-06 01:12 PM by Fighting Irish
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.

(snip)

Radio giant Clear Channel is so committed to progressive talk radio that, this week, it will announce a partnership with the Center for American Progress, Jones Radio, and MSS Inc., to conduct a nationwide search for the next Progressive Talk Radio Star.

http://thinkprogress.org/2006/09/13/air-america-bankrup... /
http://www.rawstory.com/showarticle.php?src=http%3A%2F%...
http://www.huffingtonpost.com/2006/09/13/air-america-to...

(Edit to add links)
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