Smoky Mountains Sunrise

Friday, January 22, 2010

Air America Radio Closing, Filing for Bankruptcy


AP – FILE - In this Aug. 24, 2004 file photo, former Air America
radio host Al Franken is seen during a news conference in New York.

From The Associated Press
By Ryan Nakashima

Air America Radio, a radio network that was launched in 2004 as a liberal alternative to Rush Limbaugh and other conservative commentators, on Thursday shut down abruptly due to financial woes.

The network once boasted hosts such as Al Franken and Rachel Maddow, but struggled from the outset, including multiple management shake-ups, a bankruptcy in 2006 and sale for $4.25 million the following year.

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