Big surprise here....NOT!
NEW YORK (AP) -- Air America Radio, a liberal talk and news radio network, has filed for Chapter 11 bankruptcy protection, a network official told the AP. The network had denied rumors just a month ago that it would file for bankruptcy, but on Friday Air America said negotiations with a creditor from the company's early days had broken down.
The network will stay on the air while it resolves issues with its creditors, spokeswoman Jaime Horn told the Associated Press. A formal announcement was expected to be made later Friday.
Now the only question remaining, who they're going to blame for this?
Friday, October 13, 2006
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment