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wallynut
02-08-2007, 03:47 PM
Air America Radio Sold For Only $4.25 Million
Posted by Noel Sheppard on February 7, 2007 - 16:35.
How much value do people put in a liberal radio network? Well, judging from the top bid garnered by Air America Radio during bankruptcy proceedings, the answer is clearly “Not very much!”

As reported by The Smoking Gun (emphasis mine throughout, h/t Drudge):

Bankrupt and about to lose Al Franken, its marquee star, Air America Radio is set to change hands for the bargain price of $4.25 million, according to new court documents. The sales figure was disclosed in a purchase agreement filed yesterday in U.S. Bankruptcy Court in New York.

Forgive me, but there are a lot of houses in my small town that go for more than this. This is way too funny, and marvelously gets better:

:D :D

RoBoTeq
02-08-2007, 04:00 PM
Did you really expect ultra-liberals to put their money where their mouths are?

Conversely, look at the success of public radio. This is a relatively liberal minded venue that has survived for 50 years on public support.

What is mind boggling is that ultra-conservative radio is still doing so well.