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Old June 22nd 04, 03:14 PM
T. Early
 
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"Al Dykes" wrote in message
...

Fox ran in the red for two years. TV may dig a bigger hole, but

it's
still a hole. It's a rare startup company of any tipe that is
profitable in the first year. The Wall Street Journal has a article
about AA on Tuesday that I'm told was overall favorable about their
business model.


The article says very little about the "new" Air America and is
decidedly negative about the "old" one in general and Mr. Cohen in
particular. To the extent the present business plan is discussed, it
says this:
"Air America's investors created a new company, Piquant LLC, which
bought the assets of the old company, named a new CEO and simplified
its business plan. Rather than buying stations or leasing time, Air
America is following a more conventional route, allowing local
stations to pick up portions of the lineup. It's on the air in New
York and 14 other markets including Portland, Ore., and Chapel Hill,
N.C."

It does have some interesting information on Franken's efforts to get
paid. He makes one million for his efforts BTW, indicating that he's
not exactly working for principle.