Wednesday, February 07, 2007

Dead Air America to Sell for $4.25 Million

According to my calculations, that averages out to $850,000 per listener.
Bankrupt and about to lose Al Franken, its marquee star, Air America Radio is set to change hands for the bargain price of $4.25 million, according to new court documents. The sales figure was disclosed in a purchase agreement filed yesterday in U.S. Bankruptcy Court in New York.

This begs the obvious question: If Air America ceased to exist, how would anyone know?

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