Only liberals believe they can cram their garbage down the throats of Americans while bypassing the laws of supply and demand......turns out, they can't.
Air America Radio, a liberal talk and news radio network that features the comedian Al Franken, 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. On Friday, Air America spokeswoman Jaime Horn told The Associated Press that the filing became necessary only recently after negotiations with a creditor from the company's early days broke down.
All radio programs establish themselves by starting off in a small, limited market and gaining listenership. As popularity increases, advertising revenue increases. This is how ALL radio shows become established.
Air America started out huge, expecting instant mass listenership but, it turns out nobody listens to Air America's show-hosts' liberal diatribes. No advertisers wanted to buy ad time because nobody listens. No advertisers = no income stream. No income stream = no revenue..and no revenue means Chapter 11.
I love when the marketplace stomps on the dreams of liberals, exposing them to be the failures they are.