"Air America Radio, a progressive radio network that once aired commentary from Al Franken and Rachel Maddow, said Thursday it is shutting down immediately.
The company founded in April 2004 said it ceased airing new programs Thursday afternoon and will soon file to be liquidated under Chapter 7 bankruptcy. It began broadcasting reruns of programs and would end those as well Monday night."
Why did Air America fail?
At least three reasons:
1.)
2.)
3.)
