Liberal talk-radio network Air America to cease operations - washingtonpost.comAir America, the talk-radio network that helped boost the careers of liberals Al Franken and Rachel Maddow, said Thursday it was going out of business.
In a statement to employees of the New York-based network, Air America's chairman, Charlie Kireker, wrote: "It is with the greatest regret, on behalf of our Board, that we must announce that Air America Media is ceasing its live programming operations as of this afternoon, and that the Company will file soon under Chapter 7 of the Bankruptcy Code to carry out an orderly winding-down of the business.
The thread they were hanging from finally snapped.
They're blaming their demise on the decrease in ad revenue that has plagued all of talk radio over the past couple years - but given that Air America didn't have much competition, the real problem was that nobody wanted to listen.