Liberal radio network Air America has gone bankrupt and will cease live programming, the company told employees today.
"The very difficult economic environment has had a significant impact on Air America's business. This past year has seen a 'perfect storm' in the media industry generally," Charlie Kireker, chair of Air America Media, wrote in a letter to employees.
Air America was founded in 2004 as a liberal response to conservative dominance of the radio airwaves. In five years it has served as a platform for a number of liberal talkers that have moved on to prominence, including now-Sen. Al Franken (D-Minn.) and MSNBC host Rachel Maddow.
Pointing to Franken and Madcow as "prominent" graduates of the Air America network is somewhat akin to claiming a thigh rash as a "prominent" anatomical feature.