Air America Radio: Money Pit
Radio Equalizer:Brian Maloney, 22 February 2006
For Air America, it has finally come to this: secure a bailout or begin to wind down operations. As a business entity, the liberal network just isn't cutting it.
Profit? That's a theoretical concept...
Given Air America's infamous ability to burn through cash, however, would $8 million allow the network to reach November? While that alone is only enough to fund operations for three to four months, combined with other revenue sources, it may be enough.
Profit? That's a theoretical concept...
Given Air America's infamous ability to burn through cash, however, would $8 million allow the network to reach November? While that alone is only enough to fund operations for three to four months, combined with other revenue sources, it may be enough.
posted at 2:49 AM
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