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bepop12345

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bepop12345

Re: None

Friday, 01/22/2010 5:37:42 PM

Friday, January 22, 2010 5:37:42 PM

Post# of 4759
Air America in BK, not like WorldSpace or SIRI who mainly makes money on subs.

Air America Radio closing, filing for bankruptcy

By RYAN NAKASHIMA; AP Business Writer
Published: 01/21/10 3:39 pm | Updated: 01/22/10 3:57 am

LOS ANGELES –
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............................

REASON WHY:
..................Air America said 10 consecutive quarters of declining ad revenue and the difficulty of making money on the Internet contributed to its troubles.

http://www.thenewstribune.com/updates/story/1038407.html

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