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Title: BANKRUPT...(MORALLY and FINANCIALLY)
Source:
Air America
URL Source: http://airamerica.com/
Published: Jan 22, 2010
Author: Air America
Post Date: 2010-01-22 00:10:36 by Ibluafartsky
Keywords: None
Views: 2049
Comments: 16
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 very difficult economic environment has had a significant impact on Air America's business. This past year has seen a "perfect storm" in the media industry generally. National and local advertising revenues have fallen drastically, causing many media companies nationwide to fold or seek bankruptcy protection. From large to small, recent bankruptcies like Citadel Broadcasting and closures like that of the industry's long-time trade publication Radio and Records have signaled that these are very difficult and rapidly changing times. Those companies that remain are facing audience fragmentation as a result of new media technologies, are often saddled with crushing debt, and have generally found it difficult to obtain operating or investment capital from traditional sources of funding. In this climate, our painstaking search for new investors has come close several times right up into this week, but ultimately fell short of success. With radio industry ad revenues down for 10 consecutive quarters, and reportedly off 21% in 2009, signs of improvement have consisted of hoping things will be less bad. And though Internet/new media revenues are projected to grow, our expanding online efforts face the same monetization and profitability challenges in the short term confronting the Web operations of most media companies When Air America Radio launched in April, 2004 with already-known personalities like Al Franken and then-unknown future stars like Rachel Maddow, it was the only full-time progressive voice in the mainstream broadcast media world. At a critical time in our nation's history — when dissent on issues such as the Iraq war were often denounced as "un-American" — Air America and its talented team helped millions of Americans remember the importance of compelling discussion about the most pivotal events and decisions of our generation. Through some 100 radio outlets nationwide, Air America helped build a new sense of purpose and determination among American progressives. With this revival, the progressive movement made major gains in the 2006 mid-term elections and, more recently, in the election of President Barack Obama and a strongly Democratic Congress. Laws have changed for the better thanks to this revival.....but all the same our company cannot escape the laws of economics. So we intend a rapid, orderly closure over the next few days. All current employees will be paid through today, January 21. A severance package will be offered tomorrow to full-time current employees with more than six months of tenure. We will strive to assist affiliates and partners in achieving a smooth transition. Starting at 6 pm EST today, we will provide our affiliates, listeners and users a selection of encore programming until 9 pm EST on Monday, January 25, at which time Air America programming will end. We are proud that Air America's mission lives on through the words and actions of so many former radio hosts who are active today in progressive causes and media nationwide. In the years ahead, as we look back, we should all be proud of our passionate determination to assure that our nation's progressive voice would be heard loud and clear. Through the hard work and dedication of current staff, and those who preceded you, a lasting legacy was forged which will now continue through other voices and venues. Thank you.
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#1. To: All (#0)
This is absolutely fookin hiarious! What a fookin, drooling, hypocritical moron Mekons5 is! http://www.the-peoples-forum.com/cgi-bin/readart.cgi? ArtNum=16537&Disp=1#C1 Pretty obvious. Unlike wingnuts, we liberals do not get off on anger. We listen to NPR, which is even-handed, and get our info on the net. I lived in NYC for many years but almost never read the NYT. I read it much more now on the net. Not much longer, evidently. My mother, who was a sweet old lady, watched Fox News all day, giggling. She had Alzheimer's and the simplistic hate amused her. She particularly liked O'Really, probably because she thought he was hot but mainly because he was a simpleton. She wasn't stupid, but she preferred being stupid. It was that 50s woman thing. I'd ask her if she thought he was telling the truth and point out the actual lies. She'd say I was too critical. Seriously, Fox is just aiming at people who WANT to be stupid. Because being smart would be emotionally crippling to them. Look at the Controller, a Nazi with a social degree Mekons5 posted on 2010-01-21 23:35:36 ET Reply Trace Private Reply Sneakypete, have you ever been married? Said things you later regretted?
Why not sign up there yourself and tell him personally, yucktard? The site could use your brilliant insight, quick wit, and clever repartee. Be sure to bring your SO Mad Dog with you, for support.
Have another hit of LSD, little dick. Keep on trickin'! Do you ever have anything intelligent to express. You are soooooo Count Floyd. Sneakypete, have you ever been married? Said things you later regretted?
Too chickenshit? What a surprise.
Yeah, shaking in my fookin boots! Why would I even want to enter that ward of nutsacks and "termites"? They're loonier than the fookin dum4um faggots and that is one hell of an accomplishment. Sneakypete, have you ever been married? Said things you later regretted?
Got me, chickenshit. You're the one who started a thread about it.
You must be a nutsack loon and a dum4umfaggot, eh little dick? Title: BANKRUPT...(MORALLY and FINANCIALLY) Source: Air America URL Source: http://airamerica.com/ Sneakypete, have you ever been married? Said things you later regretted?
No, yucktard I'm not, but you're the internet's premier idiot. Go on, tell Mekon5 personally what you think of him, chickenshit.
The funny part is that yukon (aka Ibluafartsky) thinks he's being clever when in reality his posts make him look like the biggest paid shill on the internet.
(sneakypete)DID Palin say or write these things or not? (Mad Dog's reply) I don't know or F ing care.
That fookin, sniveling, little punkass commie? Take it to him, little dick! Sneakypete, have you ever been married? Said things you later regretted?
Go ahead and snort another line, O_I. You and your CP/CT clones are so delirious no one will notice the difference. Sneakypete, have you ever been married? Said things you later regretted?
You're a moron yukon. Your posts are going to be found to be along the lines of the global warming alarmists, with as much validity as theirs.
(sneakypete)DID Palin say or write these things or not? (Mad Dog's reply) I don't know or F ing care.
You are such a chickenshit coward, attacking another person here when an internet tough guy like you could go right to the source and do it. Time to go back into hiding in Goldi's asshole, chickenshit. She'll protect you from the big bad man. I'll think I'll start calling you Mr. Snoid from now on.
Go ahead and snort another line, dum4um faggot. You and your CP/CT clones are so delirious no one will notice the difference. Sneakypete, have you ever been married? Said things you later regretted?
Is that the result you get from having a little dick, little dick? Sneakypete, have you ever been married? Said things you later regretted?
Classic yukon. You do realize how easy you are, right?
(sneakypete)DID Palin say or write these things or not? (Mad Dog's reply) I don't know or F ing care.
Al Franken and then-unknown future stars like Rachel Maddow
#2. To: Ibluafartsky (#1)
This is absolutely fookin hiarious! What a fookin, drooling, hypocritical moron Mekons5 is!
#3. To: Bickus Dickus (#2)
Why not sign up there yourself and tell him personally, yucktard? The site could use your brilliant insight, quick wit, and clever repartee.
#4. To: Ibluafartsky (#3)
Why not sign up there yourself and tell him personally, yucktard?
#5. To: Bickus Dickus (#4)
Too chickenshit?
#6. To: Ibluafartsky (#5)
Yeah, shaking in my fookin boots! Why would I even want to enter that ward of nutsacks and "termites"?
#7. To: Bickus Dickus (#6)
You're the one who started a thread about it.
#8. To: Ibluafartsky (#7)
(Edited)
You must be a nutsack loon and a dum4umfaggot, eh little dick?
#9. To: Bickus Dickus, Ibluafartsky (#8)
No, yucktard I'm not, but you're the internet's premier idiot.
#10. To: Bickus Dickus (#8)
Go on, tell Mekon5 personally what you think of him,
#11. To: Wood_Chopper (#9)
The funny part is that yukon (aka Ibluafartsky) thinks he's being clever when in reality his posts make him look like the biggest paid shill on the internet.
#12. To: Ibluafartsky (#11)
(Edited)
#13. To: Ibluafartsky (#10)
That fookin, sniveling, little punkass commie? Take it to him, little dick!
#14. To: Wood_Chopper (#12)
You're a moron yukon.
#15. To: Bickus Dickus (#13)
Goldi's asshole
#16. To: Ibluafartsky (#14)
Go ahead and snort another line, dum4um faggot. You and your CP/CT clones are so delirious no one will notice the difference.
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