Progressive talk network Air America announced today that they would cease operations, effective immediately. A “very difficult economic environment” was cited as the reason for this decision to abruptly end their broadcasts.
“It is with the greatest regret, on behalf of our Board, that we must announce that Air America Media is ceasing its live programming operations as of this afternoon, and that the Company will file soon under Chapter 7 of the Bankruptcy Code to carry out an orderly winding-down of the business.”
Complete details from Air America available here: