Libtalk network Nova M Radio has been shut down, according to the attorney for Randi Rhodes, Robert V Gaulin of New York. … Moments ago, Gaulin sent this letter to your Radio Equalizer:
Randi Rhodes’ on-air home for less than a year will shut its doors. In an email message of February 17th from counsel for Nova M Radio, Inc. to Randi’s entertainment attorney, Robert V. Gaulin, the company is said to have been advised to file for bankruptcy protection next week. All payroll deposits were reversed on Tuesday, leaving Nova’s employees unpaid for the past two weeks.
On Sunday, Nova received a letter from Mr. Gaulin asserting that the contract with Ms. Rhodes was terminated due to material breaches and other reasons. Ms. Rhodes had not broadcast for over a week prior to this time, a situation which was diplomatically referred to as a “problem” that was solely within Nova’s control to solve. A few days earlier, Sheldon Drobny, founder of Nova M, and a co-founder of Air America Radio, attempted suicide and is hospitalized in Chicago.
Liberal talk is just not a viable commercial format. If NPR wasn't publicly funded it would have died long ago.
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