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.



--
Al Dykes
-----------
adykes at p a n i x . c o m

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

hate it! but it couldn't happen to nicer bunch of demoNAZIS
"dxAce" wrote in message
...


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

"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.

"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