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What is going on with Air America Radio?

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mandyky Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 09:42 AM
Original message
What is going on with Air America Radio?
Heard several references to financial problems at AAR yesterday.

And why was Christy Harvey introduced as an AAR commentator? They should have put a talk show host up against that piece of crap Hugh Hewwitt! LHM!
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AdvancedProgress Donating Member (203 posts) Send PM | Profile | Ignore Fri Nov-17-06 09:46 AM
Response to Original message
1. I may be wrong, but...
Edited on Fri Nov-17-06 09:46 AM by AdvancedProgress
I remember reading that they were filing for bankruptcy protection. That was at least a few weeks ago. Sorry I don't have more info.

:-(
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KharmaTrain Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 09:47 AM
Response to Original message
2. They've Filled For Bankruptcy
http://www.latimes.com/business/la-fi-airamerica14oct14...

Radio depressed advertising revenues along with AAR's long-running financial messes and poor marketing has landed the company in hopes of a big money bailout to keep going. So far no luck in finding that money.

Word has been circulating that AAR will be off the air by year's end.
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Armstead Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 09:47 AM
Response to Original message
3. Clear Channel has been sold
Air America is dependent on Clear Channel as the owner of most the stations they are affiliated with.

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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 09:50 AM
Response to Reply #3
5. Clear Channel sold to...hmmmm....
I heard Carlyle "Poppy Bush" Group was in on the bidding. How conveeeeeeenient. Purchase one of the largest media outlets, which controls most major markets. Hmm. What could the Bush family possible want with control of so much media coverage? Hmmmmmmmm.....

.
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Davis_X_Machina Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 10:36 AM
Response to Reply #5
6. Mitt Romney's Bain Capital group...
...will be purchasing Clear Channel.

Romney is the English for 'Berlusconi'
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Atman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 10:48 AM
Response to Reply #6
7. Yeah, I just saw that in another thread.
Mitt Romney, the Carlyle Group...either way, the reasons should be pretty obvious.

.
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mandyky Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-17-06 09:49 AM
Response to Original message
4. Thanks, thought it might just be the RWers
and sour grapes over the Midterm. Sorry to hear AAR is in a bad way financially!
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