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Monday, January 29, 2007

Another Sucker Bails Out Air America

This time, the sucker is Stephen L. Green, a real estate developer and brother of perennial losing candidate Mark Green, one of the more annoying fixtures on the New York political scene. Brian Maloney has the story.
If Green hadn't stepped in, Air America's shutdown would have been a sure bet, as negotiations with the French family had been breaking down for over a month. But as recently as last week, the Wall Street Journal was reporting the French deal as a nearly- done deal.

As for the troubled network's future, we see no reason why its outlook would improve under this scenario. Though it's losing the huge expense of Franken and his overpriced help, he was also the top ratings- earner and best- known name in the lineup.

Even with Franken, Air America's ratings show no signs of growth and the network continues to lose affiliates, with more on the way. There's simply no business reason to keep it going.
Bashing this country, and Bush in particular, is the greater deciding factor than making money.

Also on the story: Michelle Malkin and A Blog For All.

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