Former Air America host and current Senator Al Franken.
01-22-2010 IT'S OFFICIAL: STICK A FORK IN AIR AMERICA RADIO USA Today is reporting what many felt was inevitable: Air America radio has filed for bankruptcy. Air America Radio, a radio network that was launched in 2004 as a liberal alternative to Rush Limbaugh and other conservative U.S. commentators, on Thursday shut down abruptly due to financial woes. The network once boasted hosts such as Al Franken and Rachel Maddow, but struggled from the outset, including multiple management shake-ups, a bankruptcy in 2006 and sale for $4.25 million the following year. Air America ceased airing new programs Thursday afternoon and said it will soon file to be liquidated in bankruptcy. It began broadcasting reruns of programs and would end those as well Monday night.
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