Will Air America declare bankruptcy?

September 14, 2006

Air The blogosphere is filled today with comments that Air America Radio may declare bankruptcy on Friday to allow it to reorganize its finances. The network will stay on the air, but there will be major personnel changes, according to sources.

Check out NY Post WHIFF OF BANKRUPTCY JOLTS ‘AIR AMERICA’…
Air America is denying the report according to News Max.Com.

Local Attorney Mike Papantonio is a major investor in Air America Radio and has helped rescue it several times. We did a profile on the network in Jan. 2005 (Air America). Papantonio has a weekly two-hour radio show with Bobby Kennedy, Jr. called “Ring of Fire.”

Whether Papantonio steps up again remains to be seen. His radio show is popular enough to be syndicated independent of the network. However, he is very committed to getting a progressive voice on the airwaves.

The irony is a new book on the network is being released this week –Defying the Distortion: How We Created Air America, the New Radio Revolution

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13 Responses to “Will Air America declare bankruptcy?”

  1. Tom Says:

    “Papantonio asserts the network could survive another two years without a dollar from advertising” (taken from the article linked to above by Rick Outzen which was written by Duwayne Escobedo in Jan ’05).

    Looks like Papantonio’s comments were prophetic. Bottom line, the majority of Americans cannot identify with the militant liberal line up at Air America. Gray haired southern Democrats are an entirely different breed than Franken and the gang. They identify more with a Sean Hannity, Rush Limbaugh, or even a Michael Savage, than they do with Al and his friends at Air America.

    What they don’t realize at Air America, is that the media is already dominated by Liberals. People can turn on their TV’s any time of day and find a smorgasbord of liberal commentary; which is why Conservative Talk Radio is so popular. With the expception of Fox, there is no such smorgasbord available to the conservative consumer. Admittedly, this seems to be changing somewhat. Even CNN has put a Conservative (appears to be a Christian Conservative even) in its line up. Can’t think of the guy’s name right now. But, he is the comical quick witted guy that comes on around 9 or 10 p.m.

    It appears that they are pouring their money into a losing cause. I’m not too upset about that. Maybe they should add a few conservative commentators to boost cash flow!

  2. Pensacola Pete Says:

    Gee whiz Tom, I was waiting for Jesus to come into your argument and your glee at having a newbie at CNN “a Conservative – appears to be a Christian Conservative even” did not disappoint me.

    Air America’s financial troubles have more to do with the initial corporate financing of the project. Various AA affiliates regularly pull better numbers in major markets than the old school Limbaugh – Hannity hate crowd.

    Your vision of America, everyone goose-stepping along to your wacked out neo-inquisition style of hate mongering is cute. You surround yourself with like minds and have actually convinced yourself that everyone thinks like you do. I don’t. neither do my friends, work associates, family OR my church buddies. Yes I do go to church, just not one where Jesus is all mixed up with the purity of the white race and hate mongering.

    Air America will do fine, sorry to break it to you, but they are not going off the air any time soon. Hey and Todd still lost.

  3. Anonymous Says:

    Now you see?? Theres no “hate” or name calling in Tom’s post. Yet because he is not a lib, a lib gets on and says he see’s “hate” and starts name calling and makes debasing statements?? Maybe thats why air america is going away?? It is ashame, because I like listening to “ring of fire”…. It has mike papantonio spewing real hate and little bobby with his” i’ve been beaten every day of my life” shakey voice making such outrageous statements, that even my 10 year old knows are not true!
    It really gives me a good laugh( honestly, there isn’t anybody out there that ACTUALLY believes the things they say??? Is there???)You guys know that it’s like one of those old “golden days of radio” shows. It’s supposed to be funny….
    You DO know that right??? You know that the only people who are suppose to believe it , are all of the ones that the Government deemed to stupid to understand why we had to leave planet Zargon, because of the black hole that was coming, and we had to put those people to sleep while we came here to Earth, and only after we made Earth look like Zargon, and faught off the borg, and made everyone promise not to tell, we woke them up. But when we did we found out that they had an acute case of paranoila brought on by the hybernation.So we created shows like this for them. Remember??? Oh. You don’t ???

  4. Pensacola Pete Says:

    Ahhh, anonymous. Peace out, brother. Tom Cruise will be back with the mothership any day now.

  5. Joe Says:

    Woo, boy! You had me at “Zargon.”

    I think the only logical response to a rant of that caliber is, “take my wallet — just don’t hurt me!”

  6. Tom Says:

    Joe, uhhh, “wacked out neo-inquisition style of hate mongering”?

    Not sure what I ever did to you, but, I’m sorry.

    Tom

  7. Joe Says:

    No offense meant, Tom. I agree Pete was unnecessarily acerbic in responding to your levelheaded comment. To be honest, I had just skimmed the thread when I was distracted by Anonymous’s talk of Zargon-Borg space battles. Wasn’t intended to reflect on the Air America discussion itself, to which I am largely indifferent.

  8. Tom Says:

    Sorry Joe,

    My comment was directed toward Pensacola Pete. I mistakenly inserted your name.

    Are you the same Joe that I’ve been discoursing with on the “Christianity and Science” discussion?

    Again, sorry Joe.

    Tom

  9. Pensacola Pete Says:

    Tom,

    My comments may have been a bit over the top but I just wanted to demonstrate that some of us are quite fed up with defenders of Limbaugh style broadcasting which is essentially hate speech. I’m not denying its popularity, but that does not make it right.

    You also seem to want to associate your religion with the extreme political right wing, that’s fine, that’s your choice. Just don’t be surprised that a Christian defense of Limbaugh and his ilk will generate some extremely negative feelings.

    I checked. Jesus is not a registered Republican and liberals are not out to destroy humanity. I am a card carrying member of the ACLU and very proud of it.

    No personal affront was meant.

  10. Tom Says:

    “No personal affront was meant.” I guess I’ll have to take your word for it. But, you sure fooled me on that one.

    Limbaugh is entertaining. I certainly don’t “align” myself with him. But, I enjoy listening to him and agree with many of his comments.

    As far as being extreme is concerned… you don’t think that the militant liberalism represented by Air America is “extreme?”

    I certainly agree that Jesus is no republican. In fact He is not subject to ANY king, for He is himself a King (John 18). No… KING of KINGS AND LORD OF LORDS is more accurate (Rev 19:16).

  11. Tom Says:

    One last thing,

    “A Christian defense of Limbaugh”? Not sure how you interpret from my orignal comments a “Christian defense of Limbaugh.” My point was that “Southern Democrats have more in common with Limbaugh” and others in Conservative Talk Radio than they have with Franken and the gang at Air America. If they are trying to gain a following, they’ll not do it with the likes of Franken, Kennedy and others (never heard Papantonio speak, so can’t comment on him).

    I think the average reader of this blog will agree to that.

  12. lobosolo Says:

    Conservative Radio talk shows are full of hate and racisim. Just listen to Michael Savage, Hannity, O’Reilly, on the subject of immigration and “Mexicans”…listen to Luke McCoy and his WASPO crowd right here in Pensacola…

    Conservative Radio talk hosts do scare me…they instill hate and prejudice and try to cover it up with pride and patriotism.

    I have never listened to Air America…but can they be worse????

  13. Anonymous Says:

    Man!! Did you here shackey booby today??? Are these guys insane???? What planet are they talking about??? Zargon??

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