bell to answer
Egg to fry
One less man
to pick up after
I should be happy
But all I do is cry....
After just two weeks of broadcasting, Air America Radio, the fledgling liberal talk-radio network featuring Al Franken and Janeane Garofalo, was pulled off the air this morning in Chicago and Los Angeles, the network's second- and third-largest markets, in a dispute over payments for airtime.It's not often that I really am rolling on the floor laughing my ass off, but right now? I'm rolling on the floor laughing my ass off.
Arthur Liu, owner of Multicultural Radio Broadcasting, which owns Air America affiliates WNTD-950 AM in Chicago and KBLA-1580 AM in Los Angeles, said Air America bounced a check and owes him more than $1 million.
Air America and Multicultural had entered into a time brokerage agreement in which the network was essentially renting Multicultural's airtime, Liu said.
"They bounced a check today," Liu said. "It's a default. They have paid only a very small portion of what they owe us." Liu declined to say how much Multicultural is owed, but did say he is holding $1 million in checks that Air America has asked the company not to cash.
Seen on Instapundit.com