May 07, 2004

Air America's bumpy ride
Posted by McQ

We hear today that Air America is still trying to pull out of a flat spin:

In yet another sign of trouble for Air America Radio, the liberal talk network's co-founder and chairman, Evan Cohen, resigned Thursday along with his investment partner and vice chairman, Rex Sorensen.

The company also failed to make its scheduled payroll Wednesday, leaving its staff of roughly 100 writers and producers unpaid until Thursday.

Well that ought to inspire the troops. And AA's explanation?

"We're on a wild ride," said Jon Sinton, the network's president, acknowledging that Air America has suffered "the typical bumps and bruises faced by any start-up."

"But the bottom line," he said, "is that we are on the air to stay."

Oh, well that's comforting.

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