For those who have been listening to Air America radio from the beginning (2004), this announcement may not come as a shock, since the company filed for bankruptcy protection in 2006. Host Sam Seder says that: "The fact of the matter was, it was always a very challenging business proposition, and it never had the right management."
The shutdown of the network has essentially already taken place. Starting at 6 p.m. Eastern on Thursday, listeners will hear encore programming until Monday, "at which time Air America programming will end," Mr. Kireker said in the statement.[via NYTimes - image via]