By Douglas V. Gibbs
Air America, the liberal talk radio network, set its sights on conservative talk radio. They wanted to challenge the conservative domination of the airwaves, and give liberals a viable alternative. They said it couldn't be done, and it turns out that "they" were correct. It couldn't be done. Air America, struggling from day one, has finally decided to cease operations and file for Chapter 7 bankruptcy protection.
Al Franken, now a U.S. Senator, launched the radio network in 2004. The mainstream media claims the struggles for Air America arose because the network suffered a decline in advertising as a result of the recession - but the funny thing is, conservative talk radio never felt a similar decline.
This is not the first time Air America has filed bankruptcy. In 2006 Air America was forced into bankruptcy to resolve an outstanding debt, and many thought back then the network was dead.
Liberal radio, I suppose, is just too depressing for listeners. The optimism of conservatism seems to do much better on the radio.
-- Political Pistachio Conservative News and Commentary
Air America to close, files for bankruptcy - Reuters