Al Dykes wrote:

In article ,
dxAce wrote:


Al Dykes wrote:

In article ,
dxAce wrote:


Frank Dresser wrote:

"Mark S. Holden" wrote in message
...
Story on Drudge says Air America is strapped for cash, and had less than
they claimed when they started. Looks like maybe the check for Chicago did
bounce.

http://www.drudgereport.com/flash8.htm

Actually, the check never had a chance to bounce. Arthur Liu at
Multicultural was told the check was stopped, so he shouldn't even bother
depositing it.

Matt Drudge has been taking a pointed interest in the Air America story,
possibly because some numbnut at Air America wrote the infamous "Liu-ser"
article ridiculing Drudge and Liu.

"The WALL STREET JOURNAL reports on Monday: Several employees say they still
haven't been reimbursed for the costs of attending the New York launch."
"Many of Air America's investors and executives say they thought the network
had raised more than $30 million, based on assurances from its owners,
Guam-based entrepreneurs Evan M. Cohen and Rex Sorensen."

"In fact, Air America had raised only $6 million, Mr. Cohen concedes"

What were the investors thinking about, just before the network started up?
Were they throwing their money into the Democratic party? The "Tyco
Birthday Party"?

"On March 30, the night before Air America went on the air, the liberal
radio network threw itself a $70,000 party at Manhattan's hip Maritime
Hotel."

This story isn't new but it does add some details to the known problems Air
America's management had. They announced a possible deal with new investors
over a month ago. I have no idea how that's going.

Air America may have been started up by incompetent businessmen, but they
have shown there's a market for that kind of radio. If they can't do it
right, somebody else will.

Hardly... if there was indeed a market, then they would not be in the financial
mess they appear to be in.

They'd be raking in the dough through advertising.

But they're not, are they?

Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those
guys are making money.

It seems that Fox was $150 million in the red for the first 2 years
of operation. You can't expect them to be turning a profit
in the first 2 months of operation.

Yes, and FOX is a totally different type of operation, is it not?

We're talking radio here...

If there were a market for that type of show the stations would be breaking down Air
America's door... and they are not.


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.

It's a rare startup company that begins with the lies and deceit of Air America!

It's one thing to have a 'business model', and an entirely different thing if one is not
following it.

Proposals look great on paper, it's what is put into practice that finally tells the
tale.

Steve
Holland, MI
Drake R7, R8 and R8B

http://www.iserv.net/~n8kdv/dxpage.htm

Drudge only stole the first part of the article and left out the part
that said things have stabilized and the company seems viable for the
time being.

On Mon, 21 Jun 2004 14:09:32 -0400, dxAce
wrote:



"Mark S. Holden" wrote:

Story on Drudge says Air America is strapped for cash, and had less than they claimed when they started. Looks like maybe the check for Chicago did bounce.

http://www.drudgereport.com/flash8.htm

As predicted by many, it was a doomed effort from the start.

I've no idea what Profit Stairs prediction may have been.

Steve
Holland, MI
Drake R7, R8 and R8B

http://www.iserv.net/~n8kdv/dxpage.htm

David wrote:

Drudge only stole the first part of the article and left out the part
that said things have stabilized and the company seems viable for the
time being.

What did Drudge steal? The facts he presented were indeed true...

http://www.mlive.com/newsflash/busin...lash-financial

Still seems pretty shaky to me, I guess time will tell.

Steve
Holland, MI
Drake R7, R8 and R8B

http://www.iserv.net/~n8kdv/dxpage.htm

"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.

"David" wrote in message
...
Drudge only stole the first part of the article and left out the
part
that said things have stabilized and the company seems viable for
the
time being.


After just having had a "discussion" with you about lifting an entire
article and posting it here, it curious to see you accusing Drudge of
"stealing" anything. But what's a little consistency, huh?

In any event, I'm curious as to where the article said -anything- has
stabilized. The article indicates that a new company has been
created with a "simplified business plan" and 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 also notes the absence of
two significant markets--LA and Chicago. Perhaps you read a different
article.

"T. Early" wrote in message
...

"David" wrote in message
...
Drudge only stole the first part of the article and left out the
part
that said things have stabilized and the company seems viable for
the
time being.


After just having had a "discussion" with you about lifting an entire
article and posting it here, it curious to see you accusing Drudge of
"stealing" anything. But what's a little consistency, huh?

In any event, I'm curious as to where the article said -anything- has
stabilized. The article indicates that a new company has been
created with a "simplified business plan" and 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 also notes the absence of
two significant markets--LA and Chicago. Perhaps you read a different
article.



Anyone have a list of Air Amerika sponsors, so I know who to boycott?

"T. Early" wrote in message
...

[snip]


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.




If they don't turn Air America around, he may not even get the interest!!

Frank Dresser

"-=jd=-" wrote in message
...


I think it's a case of a good workable concept & format that was
****-poorly
planned and executed. If the country is truly (veritably) split between
Conservatives and Democrats, you have to wonder that if the same concept &
start-up resources had been given to a more business-minded group - one
that
was not tunnel-visioned solely on their hatred for Bush, would they have
been
able to quickly and consistently grow a larger and larger listening
audience
of like-minded listeners each and every month? I'm just askin'..

-=jd=-

Yeah, I think there's an audience for liberal/progressive radio that's a
little edgier than NPR programming. But continually bashing Bush and the
Republicans quickly wore thin for me, and I only heard them for their first
few weeks. The monotonous bashing might make sense if they were doing it to
get people talking, and then they could widen their approach.

Rush managed to talk about football or cigars or golf or all sorts of other
things even during his biggest Clinton bashing phase.

Frank Dresser

Bite me. Drudge makes 6 figures off his web site. I don't make dick.

On Tue, 22 Jun 2004 10:32:25 -0400, "T. Early"
wrote:


"David" wrote in message
.. .
Drudge only stole the first part of the article and left out the
part
that said things have stabilized and the company seems viable for
the
time being.


After just having had a "discussion" with you about lifting an entire
article and posting it here, it curious to see you accusing Drudge of
"stealing" anything. But what's a little consistency, huh?

In any event, I'm curious as to where the article said -anything- has
stabilized. The article indicates that a new company has been
created with a "simplified business plan" and 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 also notes the absence of
two significant markets--LA and Chicago. Perhaps you read a different
article.

"David" wrote in message
...
Bite me.

Wow. Snappy retort. Found that Wall St. Journal article yet?

Drudge makes 6 figures off his web site. I don't make dick.

Why should you make anything off of -his- website?