|
AIR AMERICA In Deep Financial Crisis
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 |
"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 |
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 Maybe we need a personality on Air America that abuses drugs and that has been divorced a few times. You know - a real moral voice. Someone that kids can look up to and can be entertaining at the same time. Yea - that's it. Oh - buy Grundig. |
"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. Frank Dresser |
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. Steve Holland, MI Drake R7, R8 and R8B |
On 21 Jun 2004 18:22:12 -0500, Dan wrote:
On Mon, 21 Jun 2004 18:28:39 GMT, William EHart 2 wrote: Maybe we need a personality on Air America that abuses drugs and that has been divorced a few times. You know - a real moral voice. Someone that kids can look up to and can be entertaining at the same time. Yea - that's it. But, I thought Clinton proved that morals don't matter. Your personal life is no one's business, right? All that matters is what you say and do in public, right? Dan Grundig S800, S650, S700, YB400, YB550PE Degen DE1102, Kaito KA1102 Drake R8, Radio Shack DX-440 E. H. Scott 23 tube Imperial Allwave in Tasman cabinet (1936) Morals don't matter. Dan - you're stupid. Clinton was impeached over "morals". Don't suck all the dumservative crap down. It's turnin your head brown. |
William EHart 2 wrote ...
Maybe we need a personality on Air America that abuses drugs and that has been divorced a few times. You know - a real moral voice. Maybe they should book profit Stair a few hours a day. Not sure if he's divorced, but his thing for "young sisters" would certainly make him quite a *moral voice*. Profit Stair's talent for fund-raising should have Air America out of debt in no time. Maybe he could sell tiny-tennas on Air America to go with the radios he sold on WWCR. |
|
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. -- Al Dykes ----------- adykes at p a n i x . c o m |
dxAce wrote ...
Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those guys are making money. http://www.boortz.com/ - Good audio clip library - don't miss the "Boo Gah Shah" one. |
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. At least at this point in time Air America is a flop, and as I stated originally, just as predicted. Steve Holland, MI Drake R7, R8 and R8B http://www.iserv.net/~n8kdv/dxpage.htm |
"LW" wrote in message om... Maybe they should book profit Stair a few hours a day. Not sure if he's divorced, but his thing for "young sisters" would certainly make him quite a *moral voice*. Profit Stair's talent for fund-raising should have Air America out of debt in no time. Maybe he could sell tiny-tennas on Air America to go with the radios he sold on WWCR. Yeah, just where has Brother Stair been? Sinners are a dime a dozen, but Brother Stair is missing a chance to preach to sinners who are willing to **** away a fortune. Air America should give their whole operation to Brother Stair. His lean and mean business practices would have Air America in sound financial condition in no time. No more big salaries. In fact, no more salaries at all. The Air America staff will be moved to the highly cost-efficient worker housing development of Walterboro. They better not expect any more $70,000 parties, either. Not in this lifetime, anyway. However, some of Air America's ladies might feel a bit, um -- mature for Brother Stair's septuagenarian interest. I suggest they tell the Prophet -- "Please don't think of me as twenty-eight years old. Think of me as two fourteen year olds!!" Frank Dresser |
FD,
"If they can't do it right, somebody else will." RUSH DOES IT "RIGHT" ! The Ultra-Liberals at Air {Head} America need to Focus on Doing It "LEFT" Big Time ! ~ RHF .. .. = = = "Frank Dresser" wrote in message = = = ... "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. Frank Dresser .. |
In article , dxAce wrote: Hardly... if there was indeed a market, then they would not be in the financial mess they appear to be in. There seems to be a market, at least right now. Al Franken beat Rush Limbaugh in New York. "For example, among listeners from 25 and 54, whom advertisers covet, the network estimates it drew an average listener share (roughly a percentage of listeners) of 3.4 on WLIB in April, from 10 a.m. and 3 p.m. on weekdays, according to the company's extrapolation of figures provided by Arbitron for the three months ended in April. (Arbitron, which does not provide ratings in monthly increments, said the network's methodology appeared sound, although such figures were too raw to translate to numbers of listeners.) " By contrast, according to Air America's figures, WABC-AM drew an average share of 3.2 during the same period in April for the same age group. That time period includes the three hours in which Mr. Limbaugh was pitted head to head against Mr. Franken. " http://www.commondreams.org/headlines04/0531-08.htm Air America is in poor financial condition because they were started up by nit-wits. They vastly overestimated their start up cash, they needlessly antagonized a station owner and they had some goofy plan in which they insisted they control all the programming on their affiliates. They paid a million bucks to the stations in Chicago and New York for almost nothing. They'd be raking in the dough through advertising. Maybe they are. Their start-up ratings look good. If the ratings hold, the money will be coming in. That doesn't mean they won't manage to spend more than they take in, though. But they're not, are they? How do you know they are not raking in the dough? Are you suggesting advertisers aren't interested in good ratings? Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those guys are making money. Rush, Hannity and Boortz aren't running networks. They are backed by competent businessmen. If Air America fails, and that doesn't seem unlikely, I'm sure somebody will pick up the pieces and do it competently. Frank Dresser |
Frank Dresser wrote: In article , dxAce wrote: Hardly... if there was indeed a market, then they would not be in the financial mess they appear to be in. There seems to be a market, at least right now. Al Franken beat Rush Limbaugh in New York. "For example, among listeners from 25 and 54, whom advertisers covet, the network estimates it drew an average listener share (roughly a percentage of listeners) of 3.4 on WLIB in April, from 10 a.m. and 3 p.m. on weekdays, according to the company's extrapolation of figures provided by Arbitron for the three months ended in April. (Arbitron, which does not provide ratings in monthly increments, said the network's methodology appeared sound, although such figures were too raw to translate to numbers of listeners.) " By contrast, according to Air America's figures, WABC-AM drew an average share of 3.2 during the same period in April for the same age group. That time period includes the three hours in which Mr. Limbaugh was pitted head to head against Mr. Franken. " http://www.commondreams.org/headlines04/0531-08.htm Air America is in poor financial condition because they were started up by nit-wits. They vastly overestimated their start up cash, they needlessly antagonized a station owner and they had some goofy plan in which they insisted they control all the programming on their affiliates. They paid a million bucks to the stations in Chicago and New York for almost nothing. They'd be raking in the dough through advertising. Maybe they are. Their start-up ratings look good. If the ratings hold, the money will be coming in. That doesn't mean they won't manage to spend more than they take in, though. But they're not, are they? How do you know they are not raking in the dough? Are you suggesting advertisers aren't interested in good ratings? Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those guys are making money. Rush, Hannity and Boortz aren't running networks. They are backed by competent businessmen. If Air America fails, and that doesn't seem unlikely, I'm sure somebody will pick up the pieces and do it competently. Aye, there's the rub! There are no Liberal's who do anything whatsoever competently. Air America doesn't need to run a network either, all they need to do is sell a program, and to date, the program isn't selling, at least in mainstream America. It's nice to quote figures from New York City and environs, but they should be an easy sell there, right? The bottom line is and remains, they just ain't making it, as predicted. Steve Holland, MI Drake R7, R8 and R8B http://www.iserv.net/~n8kdv/dxpage.htm |
"Frank Dresser" wrote in message ... In article , dxAce wrote: Hardly... if there was indeed a market, then they would not be in the financial mess they appear to be in. There seems to be a market, at least right now. Al Franken beat Rush Limbaugh in New York. "For example, among listeners from 25 and 54, whom advertisers covet, the network estimates it drew an average listener share (roughly a percentage of listeners) of 3.4 on WLIB in April, from 10 a.m. and 3 p.m. on weekdays, according to the company's extrapolation of figures provided by Arbitron for the three months ended in April. (Arbitron, which does not provide ratings in monthly increments, said the network's methodology appeared sound, although such figures were too raw to translate to numbers of listeners.) " By contrast, according to Air America's figures, WABC-AM drew an average share of 3.2 during the same period in April for the same age group. That time period includes the three hours in which Mr. Limbaugh was pitted head to head against Mr. Franken. " http://www.commondreams.org/headlines04/0531-08.htm While I don't doubt that NYC is potentially fertile ground for Air America, particularly for a New Yawker wannabe like Franken, I'm not buying those numbers as proving much. Cases in point: "the network estimates..." "according to the company's extrapolation of figures provided by Arbitron..." methodology "sound" but "numbers were to raw too translate to numbers of listeners.."..... "According to Air America's figures, WABC-AM drew...." It seems like any "extrapolations" of "raw numbers" from a bunch that couldn't extrapolate the raw numbers they needed for a start up should be looked at skeptically to say the least. Air America needs angels to keep them running; my guess is that they'll "extrapolate" as favorably as possible to get investors on board. |
dxAce wrote: Frank Dresser wrote: In article , dxAce wrote: Hardly... if there was indeed a market, then they would not be in the financial mess they appear to be in. There seems to be a market, at least right now. Al Franken beat Rush Limbaugh in New York. "For example, among listeners from 25 and 54, whom advertisers covet, the network estimates it drew an average listener share (roughly a percentage of listeners) of 3.4 on WLIB in April, from 10 a.m. and 3 p.m. on weekdays, according to the company's extrapolation of figures provided by Arbitron for the three months ended in April. (Arbitron, which does not provide ratings in monthly increments, said the network's methodology appeared sound, although such figures were too raw to translate to numbers of listeners.) " By contrast, according to Air America's figures, WABC-AM drew an average share of 3.2 during the same period in April for the same age group. That time period includes the three hours in which Mr. Limbaugh was pitted head to head against Mr. Franken. " http://www.commondreams.org/headlines04/0531-08.htm Air America is in poor financial condition because they were started up by nit-wits. They vastly overestimated their start up cash, they needlessly antagonized a station owner and they had some goofy plan in which they insisted they control all the programming on their affiliates. They paid a million bucks to the stations in Chicago and New York for almost nothing. They'd be raking in the dough through advertising. Maybe they are. Their start-up ratings look good. If the ratings hold, the money will be coming in. That doesn't mean they won't manage to spend more than they take in, though. But they're not, are they? How do you know they are not raking in the dough? Are you suggesting advertisers aren't interested in good ratings? Maybe they need to take lessons from Rush, Hannity, Boortz, etc..... now those guys are making money. Rush, Hannity and Boortz aren't running networks. They are backed by competent businessmen. If Air America fails, and that doesn't seem unlikely, I'm sure somebody will pick up the pieces and do it competently. Aye, there's the rub! There are no Liberal's who do anything whatsoever competently. Air America doesn't need to run a network either, all they need to do is sell a program, and to date, the program isn't selling, at least in mainstream America. It's nice to quote figures from New York City and environs, but they should be an easy sell there, right? The bottom line is and remains, they just ain't making it, as predicted. One thing I forgot to add, and that is, that I consider Air America to be like flatulence; it may be necessary, but it's not very nice! Steve Holland, MI Drake R7, R8 and R8B http://www.iserv.net/~n8kdv/dxpage.htm |
"Frank Dresser" wrote in message ... In article , dxAce wrote: Hardly... if there was indeed a market, then they would not be in the financial mess they appear to be in. There seems to be a market, at least right now. Al Franken beat Rush Limbaugh in New York. No, he appeared to have beaten Rush in one age group in April. However, in the May ratings trends, Rush returns to beat Franken by about three to one overall, and WABC to beat WLIB by more than 300%. Your figures are last month's Arbitrend data, these are this month's. |
I'm beginning to think that RHF stands for "Rush Has Fans".
Bad joke but I just couldn't resist. Regards John Barnard RHF wrote: FD, "If they can't do it right, somebody else will." RUSH DOES IT "RIGHT" ! The Ultra-Liberals at Air {Head} America need to Focus on Doing It "LEFT" Big Time ! ~ RHF . . = = = "Frank Dresser" wrote in message = = = ... "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. Frank Dresser . |
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 |
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? :) |
"David" wrote in message ... Bite me. Drudge makes 6 figures off his web site. I don't make dick. Typical warped liberal thinking. |
"Frank Dresser" wrote in message ... [snip} They paid a million bucks to the stations in Chicago and New York for almost nothing. [snip] If I had been paying attention, I would have wrote: They paid a million bucks to the stations in Chicago and Los Angeles for almost nothing. Frank Dresser |
"Frank Dresser" wrote in message ... "Frank Dresser" wrote in message ... [snip} They paid a million bucks to the stations in Chicago and New York for almost nothing. [snip] If I had been paying attention, I would have wrote: They paid a million bucks to the stations in Chicago and Los Angeles for almost nothing. They got what they paid for, about a month of 24/7 airtime. |
"David Eduardo" wrote in message . com... "Frank Dresser" wrote in message ... They paid a million bucks to the stations in Chicago and Los Angeles for almost nothing. They got what they paid for, about a month of 24/7 airtime. I was refering to the check stop incident. Evan Cohen said Air America bought a million dollars worth of time on the LA station for a couple of months before Air America started up. He also claimed Arthur Liu sold the same time to someone else. Frank Dresser |
|
"Frank Dresser" wrote in message ... "David Eduardo" wrote in message . com... "Frank Dresser" wrote in message ... They paid a million bucks to the stations in Chicago and Los Angeles for almost nothing. They got what they paid for, about a month of 24/7 airtime. I was refering to the check stop incident. Evan Cohen said Air America bought a million dollars worth of time on the LA station for a couple of months before Air America started up. He also claimed Arthur Liu sold the same time to someone else. In effect, Air America was unable to provide programming, and defaulted on the agreement. The station owner contracted with someone else to maintain programming on the air till such time as AA was ready to provide it. The AA folks, not aware of the deal they signed, stopped payment on a check and Liu, the owner, cut them off. All legal. The AA people simply bit the hand that fed them. |
|
"Frank Dresser" wrote in message
... In article , dxAce wrote: Hardly... if there was indeed a market, then they would not be in the financial mess they appear to be in. There seems to be a market, at least right now. Al Franken beat Rush Limbaugh in New York. Nope, WLIB's ratings now are down where they were before they got taken over by AA. Rush is cleaning Franken's clock. |
"David Eduardo" wrote in message ... In effect, Air America was unable to provide programming, and defaulted on the agreement. The station owner contracted with someone else to maintain programming on the air till such time as AA was ready to provide it. The AA folks, not aware of the deal they signed, stopped payment on a check and Liu, the owner, cut them off. All legal. The AA people simply bit the hand that fed them. OK, but I wasn't trying to say that Air America acted in a criminal way, only that they were ****ing away their money and generally acting incompetently. I'll correct myself further and say: They paid a million bucks to the station in Los Angeles for almost nothing. Because, as far as I know, Chicago didn't get involved until the check stop incident. The million bucks to LA was already deposited, and the stopped check was for actual Air America broadcast time. Frank Dresser |
Some day, business students will study the failure of the Air America
network. Though so many reasons can be explored, it's my opinion that the primary reason for the network's eventual fall has to do with its attempt to start out on top. You can't simply target Rush on a national scale and expect to beat him. Rush is a consummate radio broadcasting professional who started at the very bottom and worked his way to the very top. He didn't start out trying to force his political opinion on any one. He took his top 40 superjock persona into the talk radio segment, and people enjoyed the product. Through hard work and perseverance, his show grew exponentially. He's not a conservative who happens to be a radio entertainer. He's a radio entertainer who happens to be a conservative. So could liberal talk radio succeed? Of course. Howard Stern and Don Imus are two fine examples who come to mind. Radio is not an easy medium to conquer. It's not simply TV without pictures. To really succeed in radio requires one to start at the bottom, listen to radio every waking hour, find mentors to help you develop your personal style, and prepare to work very hard for very little money. You'll probably go through a couple of spouses pretty quickly. Some day, there will be someone who beats Rush. But I don't think it will come from an organization like Air America. Instead, I think it will come from an individual who is in love with radio and can't stand being #2. |
| All times are GMT +1. The time now is 08:10 AM. |
Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
RadioBanter.com