Air America Filing for Bankruptcy

Air America Radio shut down unexpectedly Thursday January, 21 due to bankruptcy. Air America the liberal version of conservative talk radio. Air America had programs that featured talk show topics trying to establish a leftwing voice in the radio business but has been unstable financially since its outset. The company was bought in 2007 out of bankruptcy by Green Family Media headed by Stephen L. Green and Mark J. Green and has been under their financial control until filing for bankruptcy on Thursday.

A few of the major programs that are lost by the bankruptcy are shows hosted by Al Franken and Rachel Maddow. Franken became a senator for Minnesota and Maddow now has her own show on MSNBC. The company also featured shows hosted by Ron Regan, former president Ronald Regan's son, Jack Rice, Jon Elliott, and Richard Greene. Air America stopped airing new shows Thursday and will now run reruns of old programs until the company is liquidated under Chapter 7 bankruptcy.

Others are feeling the effects of the bankruptcy as well seeing as Air America has around 100 radio outlets in the United States stretching from west coast to east coast. Director of KPTK-AM 1090 in Seattle Cary Curelop said, "The was a needed outlet for the left on the air." She accredited Air America as being the forced that helped her outlet get going.