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One of liberal radio’s most progressive outlets, Air America Radio, shut down its operations Thursday.
The network was launched in April 2004 and was considered (and billed) as one of the few alternatives to right-wing radio.
“This past year has seen a ‘perfect storm’ in the media industry generally. National and local advertising revenues have fallen drastically, causing [...]

Air America, the long-suffering progressive talk radio network, abruptly shut down on Thursday, bowing to what it called a “very difficult economic environment.”
The chairman of Air America Media, Charlie Kireker, said in a statement that the company would file under Chapter 7 bankruptcy “to carry out an orderly winding-down of the business.”
In a troubled time [...]