Thursday, September 14, 2006

Air America: Bankrupt?

The network that nobody listens to is fighting rumors of bankruptcy:

All-liberal, all-the-time Air America is denying intense rumors that the ratings-challenged radio network will declare bankruptcy this week and attempt to reorganize to stay on the air for the November elections.

A high-level source told The Post that Rob Glaser, the Real Networks founder who rescued the 2-year-old network from its first financial crisis, "walked away last week" and took his moneybags with him.

Gee, darn. And yet, here to take its place: An all-women radio talk show network!
Greenstone Media, a radio company whose founders include social activist Gloria Steinem and actress Jane Fonda, has launched an all-women, all-talk network across the United States.

Steinem said the network, which is run by women, aims to provide an alternative to current radio talk, which she describes as "very argumentative, quite hostile, and very much male-dominated."

This network "has a different spirit. It has more community. It's more about information, about humor, about respect for different points of view and not constant arguing," Steinem told Reuters in an interview.

Its like going from bad to worse.

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