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(go here for links: http://en.wikipedia.org/wiki/Air_America_Radio)

Early start-up difficulties

Air America was the initial idea of Sheldon Drobny and Anita Drobny, who 
wanted to start a progressive radio talk network to compete with 
conservative talk radio. Air America was started as part of Progress 
Media, which said it had amassed $30 million in venture capital prior to 
its debut, a claim which later turned out to be untrue (only $6 million 
was initially collected). Two individuals from Guam, Rex Sorensen and Evan 
Montvel Cohen, were involved in raising the capital but denied any 
wrongdoing. [4] Cohen had an unusual background for someone in his 
position within a progressive radio network since he was a Republican 
political operative in Guam and former chief of staff for Republican 
Governor Tommy Tanaka. [5] Cohen dismissed concerns by saying he was a 
committed "progressive" and that Republicans in Guam "are left of Paul 
Wellstone."

Two weeks after its debut, Air America Radio was pulled off the air by the 
owner of two stations that the network had licensed in Chicago and Santa 
Monica, California. This was due to a contract dispute between Air America 
and the stations' owner, Multicultural Radio Broadcasting. Air America 
alleges Multicultural Radio may have sold time on their Los Angeles 
station to them and another party, and stopped payment on checks to them 
while they investigated. Multicultural Radio alleges that Air America 
bounced a check and owes $1 million. Air America Radio filed a complaint 
in New York Supreme Court, charging breach of contract and was granted an 
injunction to restore the network on WNTD-AM in Chicago. On April 20, the 
network announced the dispute had been settled, and Air America's last day 
of broadcast on WNTD was April 30. The New York Supreme Court ultimately 
concluded that the injunction was improvidently entered and that Air 
America Radio's court action was without merit, dismissing Air America's 
complaint and awarding over $250,000 in damages and attorneys' fees to 
Multicultural. [6] According to a subsequent lawsuit filed by 
Multicultural, Air America Radio never paid the sums ordered by the court. 
[7]

Four weeks after Air America's debut, the CEO, Mark Walsh, and Dave Logan, 
its executive vice president for programming, left the network. One week 
after those departures, the chairman and vice chairman, Evan Cohen and his 
investment partner Rex Sorensen, also left. Some attributed Cohen's 
departure to investor unhappiness with how he handled the dispute with 
Multicultural Radio Broadcasting.

Columnist Michael Goodwin of the New York Daily News quoted a marketing 
communications manager from General Motors, declaring "GM will not 
advertise on any Air America affiliates." However, GM OnStar commercials 
have been appearing on the Internet stream since the fall of 2004.

As part of a reorganization, investors in Progress Media bought the assets 
of that company, creating its current owner, Piquant LLC. An important 
change which accompanied the reorganization was a decision to stop trying 
to buy radio stations and lease air time, or insist that stations carry 
all of the network's programming.

On February 28, 2005, a new CEO, Danny Goldberg, was named. Goldberg set a 
goal of getting the network in 90% of the country as soon as possible. 
Expansions early in his tenure included Austin and Dallas, Texas in March 
2005, and a return to Chicago in May 2005. At a media conference in July 
2005, Goldberg stated that Air America Radio would be on 75 stations as of 
August, and that Air America News would be relaunched in September as a 
much more expansive operation to "provide news for our stations and 
beyond."

In April of 2005, Gary Krantz was named President of the network. Krantz, 
a veteran of Clear Channel, AMFM, and MJI Broadccasting was brough in to 
oversee Sales, Programming, Affiliate Relations, New York;s Flagship 
station, AM 1190 WLIB, and Air America' s Interactive division. Together 
with Goldberg, and the existing executive team of Carl Ginsburg (COO), and 
Jon Sinton (President/Programming), and new CFO Robert , the newly 
established management team has gotten the company on track to consistent 
growth in 2006

Notable new additions to the Network's management team are Scott Elberg, 
VP/GM of WLIB New York. Elberg has a proven track record in NY radio, 
having managed Clear Channel's WKTU-FM, and held several senior sales 
management posts at WHTZ, WNEW-FM, and Univision Radio. In August of 2005, 
Russ Gilbert was named VP/Interactive. Gilbert oversees the web division 
of the company and has recently launched Premium subscription services for 
the network. In September, Tamara Karcev was named Director/Affiliate 
Relations, overseeing the continued growth of the network to it's current 
affiliate base of 87 stations, including 8 out of the top 10 markets, and 
18 out of the top 20 markets

A documentary on the network's rocky start and ultimate resurgence, Left 
of the Dial, premiered March 31, 2005 on HBO.

In April 2005, the studio of an AAR affiliate in Warren, Ohio, WANR-AM, 
was briefly occupied by a group that changed the locks and began 
broadcasting Christian programming until the police forced them to leave. 
[8] A few weeks later, the group seeking to switch the station's format to 
Christian programming was able to purchase the station, and the Air 
America programming was discontinued. [9]

On July 28th 2005, Sinohe Terrero, AAR's VP of Finance, issued a memo to 
employees advising that payroll direct deposits would be delayed by one 
working day and not post on Friday July 29th as expected. The memo stated 
"We have been advised by ADP that Direct Deposit will probably not post 
until Monday. [August 1st]"
  

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