Reports are that Air America will declare bankruptcy. They have already begun laying off staffers (with no severance pay, thank you very much – so much for being strong supporters of workers everywhere). Best line in the linked story:
The right wing is sure to seize on Air America’s financial woes as a sign that progressive talk radio is unpopular. In fact, Air America succeeded at creating something that didn’t exist: the progressive talk radio format. That format is now established and strong and will continue with or without Air America.
Uh, sure. The reason "right wing" people will point out progressive talk radio is unpopular is because of the complete lack of ratings it has judging by the extremely poor performance of Air America. Honest "left wing" people would also admit the format is not working out real well. But do, please, carry on. It is amusing to watch the tachometer reading climb. Past the stops.
UPDATE: Others: Wizbang, The Radio Equalizer, STACLU, A Blog For All, Mac's Mind,
Too bad. It was good to see them continually pour good money after bad. Now they will have more money to spend in places where it may actually help them.
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