Bankruptcy for Air America
The week's news at a glance.
New York City
Air America radio filed for bankruptcy last week, and its star on-air personality, Al Franken, said he hadn’t been paid in months. A spokesman for the network, which bills itself as the liberal alternative to conservative talk radio, says it will stay on the air while it negotiates with creditors. Air America has struggled to find listeners and advertisers since going on the air in 2004, losing more than $41 million. Franken, who has hinted that he might run for a U.S. Senate seat from Minnesota, says he’ll keep doing his show. “It’s important that progressive radio continue,” Franken told listeners. “And it will.”
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