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'DEAD AIR AMERICA' MISSES PAYROLL

Drudge has a heck of a source at the Chicago Trib. Two more bigwigs quit and take their money with them.

In yet another sign of trouble for Air America Radio, the liberal talk network entering its fifth chaotic week on the air, co-founder and chairman Evan Cohen resigned Thursday, as did vice-chairman and investor Rex Sorensen.

The CHICAGO TRIBUNE is planning to report in fresh editions: The company also failed to make its scheduled payroll, leaving its staff roughly 100 radio personalities, writers, and producers unpaid until Thursday.

Who couldn't see this coming?

Update below the fold

The Trib has the story. I love this line....

"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."

Sure, all startups lose the founder, the co-founder, the chairman, the vice-chairman and the major money man all in the first 4 weeks of business. It's typical.

BTW folks, Free blog hosting for a year or a trip thru the wine cellar is still up for grabs. Follow the links.


Comments (4)

EXCLUSIVE: Air America Payc... (Below threshold)

EXCLUSIVE: Air America Paycheck Discovered


As Drudge is reporting this morning Air America is having problems making payroll. This together with the recent resignations of Cohen and Sorensen makes for some high drama. Someone recently sent me an actual paycheck from Air America. Let's just say: They've got issues:

See the paycheck here

The Chicago Trib has the <a... (Below threshold)

The Chicago Trib has the story up.

Looks like my "Air Idiot" section isn't gonna last much longer.

Look, Paul, you and your re... (Below threshold)
Pete:

Look, Paul, you and your republican smear machine tactics need to end! These lies you're making up about the fine establishment that is Air America are disturbing and wrong! There's no conceivable way that they wouldn't make payroll! Or pay their bills! It's all a part of a big conspiracy to take the government away from the people! Next thing you know, average guys like Kerry and the Kennedys won't even be able to speak without being thrown in jail by the fascist dictator Bush! BUSH IS HITLER!

</sarcasm>

Drat! There goes MY pick in... (Below threshold)

Drat! There goes MY pick in the Air America Dead Pool.




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