the progressive radio network that launched in 2004 in an effort to try and
match the success of right-leaning talk radio, ceased original programming
Thursday (Jan. 21) and said it would be filing for bankruptcy as it winds down
its operations entirely.
The announcement came in a memo from Charlie Kireker, chair
of Air America Media. He said affiliates would get repeats starting at 6 p.m.
today (Jan. 21) and continuing over the weekend and that the network would shut
down completely at 9 p.m. Monday, Jan. 25.
Employees will collect paychecks through today and severance
will be offered to all those with more than six months service.
"We will strive to assist affiliates and partners in
achieving a smooth transition," he said, saying the network had run into
the "perfect storm" that has claimed other radio victims, but that he
is proud of the network's mission, which "lives on through the words and
actions of so many former radio hosts who are active today in progressive
causes and media nationwide."
Most prominent among them was inaugural anchor Al Franken,
now a Democratic Senator from Minnesota.