Air America, the Talk Radio Network, Will Go Off the Air - NYTimes.com: "Air America, the long-suffering progressive talk radio network, abruptly shut down on Thursday, bowing to what it called a “very difficult economic environment.”
The chairman of Air America Media, Charlie Kireker, said in a statement that the company would file under Chapter 7 bankruptcy “to carry out an orderly winding-down of the business.”"
This is not a reorganization. It is a wipeout. Goodbye, Air America. It's been real.
Thanks to Fred Pilot for flagging this sinking, sunk, sunken ship.