Liberal Air America crashes, burns
Air America, the liberal talk-radio network that helped boost the careers of Al Franken and Rachel Maddow, said Thursday that it was declaring bankruptcy and going off the air.
The company, founded in 2004 and based in New York, strove to provide left-leaning commentary and call-in programs as an alternative to such popular conservative radio talkers as Rush Limbaugh, Sean Hannity and Michael Savage.
It was troubled almost from the start. The company had difficulty lining up affiliates and attracting a sizable audience. It filed for Chapter 11 bankruptcy-court protection just 30 months after its inception and was resold to an investor group in early 2007 for $4.25 million.
Charlie Kireker, one of Air America’s principal owners and its chairman, said in a memo to employees Thursday that the company was done in by “a perfect storm” of plunging ad revenues, intense competition, high debt and poor prospects for new financing. A search for new investors, he said, has been fruitless. The company declined further comment.
Since last summer, Air America has been heard in the Washington area on WZAA (1050 AM). Its audience has been so small that Arbitron, which compiles radio ratings, was unable to detect any listeners for WZAA during several weeks in December. By Paul Farhi, Washington Post
Hezbollah on Alert on Israeli-Lebanese border 22/01/2010 Well-informed Lebanese sources confirmed to Asharq Al-Awsat that there is a state of alert within the Hezbollah ranks as Israeli troops were called up to the northern borders to carry out “military maneuvers”. The Lebanese sources added that Hezbollah called on its cadres to be on full alert in case Israel launches a surprise attack targeting Hezbollah’s bases and posts. A Hezbollah source told Asharq Al-Awsat: “Israel has accustomed us to aggression and we are used to being vigilant and on the lookout all the time. That is what we are doing.” The source refused to confirm or deny whether Hezbollah is on full alert [at present]. Other sources mentioned that Syria had begun calling up troops from the Fourth Reserve, which includes workers living in Lebanon. Syrian sources told Asharq Al-Awsat: “Syria opposes any aggression against any Arab country, especially Lebanon.” A senior Israeli army officer spoke to Asharq Al-Awsat and denied what had been published in Lebanon about Israel’s intentions of carrying out a military assault, asserting that Israel has no intention whatsoever to launch an offensive on Lebanon. Asked about such Israeli threats, French Foreign Minister Bernard Kouchner, in Paris, said that “France does not expect that there will be an Israeli military offensive” at present. However, Kouchner expressed fears that “some Iranian leaders” might deliberately try to escalate the situation in south [Lebanon].
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