Air America declares bankruptcy
January 21, 2010
Liberal talk radio network Air America, carried locally by KYNS 1340 AM, has ceased live programming and will soon file for Chapter 7 (liquidation) bankruptcy. [Air America]
The decision, effective immediately, was announced Thursday by Charlie Kireker, chairman of the Air America board. Currently carried in 66 markets nationally, Air America first launched in 2004 as an alternative to conservative talkers like Rush Limbaugh and Sean Hannity.
Over the years, Air America became home to a host of left-leaning voices including Al Franken, Thom Hartman, Randi Rhoades, Rachel Maddow and Robert Kennedy, Jr. The network will offer repeats over the weekend before going silent at 9 p.m. on Monday.
No announcement has been made by KYNS concerning replacement programming. The station currently offers local host Bill Benica and syndicated host Ed Schultz, both unaffected by the Air America decision.
KYNS, owned by Mapleton, has been the subject of persistent rumors concerning a possible sale. The station finished near the bottom in the most recent ratings book.