Air America Bankruptcy, Al Franken
A SHORT REPRIEVE
Judge Gives AAR One Week To Find Buyer
At the eleventh hour, Air America Radio has received a very short stay of execution.
Just two days before its court- ordered deadline to find a buyer, the bankrupt liberal talk radio network managed to convince the judge that it was close enough to securing a bail-out to justify an extension.
From the AP:
The big question: does it really have a buyer, or is this a stalling tactic? We're looking into that angle, watch for an upcoming report.
Losing Money: David A Lunde
Your Amazon orders that begin with clicks here, regardless of what you ultimately purchase, greatly help to support this site's efforts. Thanks again!
Technorati tags: air america radio air america bankruptcy al franken air america buyer talk radio liberal talk
Judge Gives AAR One Week To Find Buyer
At the eleventh hour, Air America Radio has received a very short stay of execution.
Just two days before its court- ordered deadline to find a buyer, the bankrupt liberal talk radio network managed to convince the judge that it was close enough to securing a bail-out to justify an extension.From the AP:
NEW YORK (AP) - Air America Radio, the liberal news and talk radio network headlined by the comedian Al Franken, has another week to find a buyer.A lawyer for the network, Tracy Klestadt, told a bank- ruptcy hearing Monday that the company was in "advanced negotiations with a few parties" about a sale, and expected to have more definitive news on a deal in a week.
Under its financing agreement, the network had faced a deadline of this Wednesday to have a deal in place for a buyer, but Klestadt said the network's lender had informally agreed to extend the deadline by about a week.
It is continuing to operate in the meantime as it searches for a buyer. Klestadt declined to say who the potential buyers are.
The big question: does it really have a buyer, or is this a stalling tactic? We're looking into that angle, watch for an upcoming report.
Losing Money: David A Lunde
Your Amazon orders that begin with clicks here, regardless of what you ultimately purchase, greatly help to support this site's efforts. Thanks again!
Technorati tags: air america radio air america bankruptcy al franken air america buyer talk radio liberal talk
published by Brian Maloney at
18:24
12 Comments:
truthteller--boy your name is such a misnomer--if you want to learn a skill you need a brain--SOMETHING LIBERALS DO NOT HAVE AND DON'T LIKE WHEN SOMEONE ELSE USES THEIRS!
By
The Real Bob Anthony, at 20 November, 2006 21:55
Ah, another visit from the "social engineer"...
By
hashfanatic, at 20 November, 2006 23:05
Oweeee, I like your wish list.
It sounds magical!
By
hashfanatic, at 20 November, 2006 23:16
Owen,
It still seems Jesus' message is not resonating with you. At your next interlude with your pastor please seek clarity.
By
none, at 21 November, 2006 00:56
No, not dead yet.
A reprieve of a week.
Soon my little ones.... soon.
By
Lokki, at 21 November, 2006 12:24
Owen
You just dont get it do you? America has rejected your paper thin McCarthiest rhetoric. That rhetoric cost you and your felow profits over people, profit from the war G.O.P. the election. We need a harry Truman to fight against this war profiteering. We do not hate America, your crowd, hates the military, uses tham as tools to protect the business interests of war profiteerinbg companies, this is obvious. You can shriek your irrelevant Michael Savage like rhetoric all you want. You are irrelevant and marginalized. When the war profiteering hearings start, America will see even more clearly, that right wing lemmings on the radio and television are defending an agenda which Harry Truman, and many other great Americans, would shake their heads in shock. You Owen are just another half-wit, who does not get it. The billions upon billions wasted in Iraq is evidence of outright war profiteering. Wait until it all comes out. The conservative movement is dead now, it will be even deader when the motives for this war are fully exposed. Keep smearing and defending the indefensible, you are nothing but a myopic, ignorant buffon, doing the bidding of an Anti-American agenda, which is slowly being purged from this country. Shriek away Mr McCarthy, it no longer has the sting it once did in 2001. Remember those glory days, where smear and lies were accepted because a national tragedy shook this countries conscious. It no longer works
By
Minister of Propaganda, at 21 November, 2006 12:50
Hey Maloney
Ann Arbor still runs Air America, they ran a weekend stunt. Air america is back on WBLY as of Monday. Any correction??
By
Minister of Propaganda, at 21 November, 2006 14:33
meaning WLBY not WBLY...
ltradio.blogspot.com: "Since the station has no webstream, and no news sources have reported on this as of yet, it is assumed that WLBY will not be changing its format."
By
raccoonradio, at 21 November, 2006 15:57
Once again, Strawman: Do you ever check your facts before you spew?
You do realize that the 'swing vote' in the lower house of Congress now rests with the 'blue dog' Democrats, do you not? And that they tend to be Jacksonian rather than Sheehanist in their political approach? And yet, San Fran Nan has run entirely hard-left libs for the leadership posts in her caucus?
You do realize that the Numero Uno Poster Boy for the Sheehanistas, Jack Murtha, ended up with a big ole pie in the face when it came time for the leadership election, and that not even San Fran Nan could rescue him from his Abscam-reeking past with his colleagues?
You do realize that San Fran Nan is trying to elevate the only current living congressionally impeached judge (in 1989 by a Donk congress) in this nation, Alcee Hastings, over the current ranking member, Jane Harman, to chair the Intelligence Committee, do you not? And that the reason for this is penance for San Fran Nan's initial statements against Mr. Money-In-The-Freezer William Jefferson of Louisiana? Who stands a runoff election away from being re-elected? And do you remember how you said that Democrats always voted out crooks?
You whine and moan about how people are lemmings and sheep if they happen to hew to one side of the political spectrum, but your side is just as guilty, and have put forth a group that is getting off to an atrocious start based on the performance of San Fran Nan and the boys so far.
So spare us your ignorant twaddle about just certain people in the world being lemmings. You see, now your guys and gals actually have to produce results rather than sit on the sidelines and gripe. However, your team's performance so far has been, to put it charitably, less than inspiring, and is only demonstrating that the power and corruption (and the money that follows them) are only going to flow down a different sewer pipe on the path to the Potomac.
The GOP got fired on November 7th. The Donks will deserve, and receive, that same fate should they continue on the path that you propose they take.
And for God's sweet sake, take a grammar course. Short of that, use the 'preview' feature. Your posts read like Timothy Leary on the 'bad acid' from Woodstock.
By
SierraSpartan, at 21 November, 2006 20:41
They were all valid points, oweeee...
Address the ISSUES, don't just sit and attack the messenger....
Are you really going to cruise through life, hiding behind some fool Rethug's apron strings, or are you going to present some original IDEAS for once?
By
hashfanatic, at 22 November, 2006 00:44
Anyone know about this? A query
posted on boston-radio-interest
mailing list (no details from websites yet that I can see):
"What's this I hear about Randi Rhodes leaving AAR effective immediately??"
By
raccoonradio, at 22 November, 2006 05:21
..see Brian's latest blog entry about these rumors.
By
raccoonradio, at 22 November, 2006 14:46
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