Drudge is reporting, in the largest font known to man,
After just two weeks on the air, Air America Radio, the fledgling liberal talk-radio network featuring Al Franken and Janeane Garofalo, appears to have encountered serious cash-flow problems.
The CHICAGO TRIBUNE is developing a story, insiders tell DRUDGE, on how the network was pulled off the air this morning in Chicago and Los Angeles, the network’s second- and third-largest markets, because, the owner of both stations said, the network bounced a check and owes him more than $1 million! A charge the network strongly denies…
A Chicago source familiar with the situation said a Multicultural representative showed up at WNTD’s offices Wednesday morning, kicked out Air America’s lone staffer overseeing the network’s feed to the station from New York, switched over to a Spanish-language feed, and changed the locks on the doors… Developing…
We’ll see how this pans out; I’m not sure how they could go broke this quickly.
Update: Here’s the Tribune story: Liberal radio stations silenced [otbblog/jamesotb].
