Air America going off the air, into bankruptcy

It turns out if there's a market for liberal talk radio, it isn't yet ready for prime time. Air America has taken down its usual website and posted notice that it's signing off on Jan. 25. From 3 p.m. PST today until then, stations will be provided with "encore programming." From the Washington Post story:

Air America, the talk-radio network that helped boost the careers of liberals Al Franken and Rachel Maddow, said Thursday it was going out of business....

Air America launched in March 2004 and styled itself as a liberal alternative to conservative talk radio hosts such as Rush Limbaugh, Sean Hannity and Michael Savage. Although at one point its programming was heard on as many as 100 stations nationwide, it ran into financial trouble early. It filed for Chapter 11 bankruptcy protection in October 2006 and was sold to new investors for $4.25 million in early 2007.

Among its program hosts were Franken, who went on to win election to the U.S. Senate as a Democrat, and Maddow, who became the host of a prime-time program on MSNBC. The company also hired Ron Reagan Jr., rapper Chuck D and musician Steve Earle to host shows.

Locally, KTLK (AM 1150) is still figuring out what it means for them, says L.A. Radio

More by Kevin Roderick:
LA Observed Notes: 60 Minutes, selling the Coliseum and more
Gil Cedillo, Nick Melvoin win LA runoffs*
LA Observed Notes: Baca goes down, LAX shuffle, media moves
LA Observed Notes: Big TV news, media moves, obits and more
LA Observed Notes: Writers on the verge, Fox, the riots and more
Recent Radio stories on LA Observed:
What would Ray Bradbury say?
LA Times editor gets all serious: 'How could truth become so devalued?'
Hugh Hewitt joins WashPost oped columnists
KPCC's 'Take Two' is now minus one
KCRW investigates LA restaurant worker abuse
Renee Montagne to give up host seat at NPR West
KPFK dropping 'Deadline LA' show after 20 years?*
Steve Julian, 57, KPCC's morning host since 2000*


LA Observed on Twitter