Air America Bids Adieu As Radio Revenues Fade

Law360, New York (January 21, 2010, 6:15 PM EST) -- Air America, the liberal talk radio network that helped propel Rachel Maddow to fame and solidify Al Franken's political reputation, has pulled the plug on its radio programming and says it will soon file for Chapter 7.

In a letter posted on its Web site, the progressive radio network said it could no longer endure the “very difficult economic environment” and was beginning an orderly wind-down of its operations.

Air America said the drastic decrease in national and local advertising revenues, as well as the audience...
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