Friday, May 07, 2004

Buh Bye!

Air America Radio chief resigns:
In yet another sign of trouble for Air America Radio, the liberal talk network entering its fifth chaotic week on the air, co-founder and chairman Evan Cohen resigned Thursday, as did vice-chairman and investor Rex Sorensen.

The company also failed to make its scheduled payroll Wednesday, leaving its staff roughly 100 radio personalities, writers, and producers unpaid until Thursday.

"We're on a wild ride," said Jon Sinton, the network's president, acknowledging that Air America has suffered "the typical bumps and bruises faced by any start-up."
A better description is "circling the bowl."