Air America, the talk-radio network that helped boost the careers of liberals Al Franken and Rachel Maddow, said Thursday it was going out of business.
In a statement to employees of the New York-based network, Air America's chairman, Charlie Kireker, wrote: "It is with the greatest regret, on behalf of our Board, that we must announce that Air America Media is ceasing its live programming operations as of this afternoon, and that the Company will file soon under Chapter 7 of the Bankruptcy Code to carry out an orderly winding-down of the business.
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