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May 07, 2004

This Air America story has me worried

I've been ignoring the bitching about Air America but the fact that
almost all its management and investors have resigned or moved position is more than "the usual start-up bumps" it seems to me.
In yet another sign of trouble for Air America Radio, the liberal talk network's co-founder and chairman, Evan Cohen, resigned Thursday along with his investment partner and vice chairman, Rex Sorensen.

The company also failed to make its scheduled payroll Wednesday, leaving its staff of roughly 100 writers and producers unpaid until Thursday.
...

"We're on a wild ride," said Jon Sinton, the network's president, acknowledging that Air America has suffered "the typical bumps and bruises faced by any start-up."

"But the bottom line," he said, "is that we are on the air to stay."
Show us why you're confident. The story later goes on to say he doesn't expect replacement hires to be easy.

Most everyone who said they "give it five months" or whatever did so because they didn't like the idea. Or if there were other reasons for saying so, they never really expressed them.

(Link inspiration Buzz Machine)