Day by Day

Wednesday, April 14, 2004

Sometimes Life is Delicious, Ain't it?

One less
bell to answer
One less
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.

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.

Chicago Tribune
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.

Seen on Instapundit.com

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