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Old 11-01-2006, 04:21 PM   #1
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Default Will SIRIUS buy Air America?

According to Mediaweek, Air America Radio is talking to several parties about a possible sale and is hopeful of reaching a deal before Thanksgiving.

A lawyer for the liberal talk radio network told a U.S. bankruptcy court on Tuesday that the privately-held company was in discussions with seven different parties about a sale and was "very hopeful" of reaching a deal by Nov. 22, saying there was a "significant amount of interest."

Air America is continuing to operate with financing from an investor group led by RealNetworks CEO Robert Glaser, who owns 36.7 percent of the company, and two other former board members.

The Young Turks, a popular liberal talk show on SIRIUS since the service launched, jumped to Air America in September. Fans are still reeling from that move. You can view the reaction here.

Rumor is that SIRIUS was supposed to be a founding partner in Air America back in 2004, earning the satellite network the opportunity to offer the progressive programming exclusively.

SIRIUS offered to front startup costs, studio space and even the chance to sydicate content in select cities. Instead, Air America decided to go it alone, and ended up bringing XM into the loop. SIRIUS did not carry Air America at launch; and for months, refused to give Air America it's own channel as a punishment for that move.

While it makes sense for XM to buy Air America, SIRIUS may be hungry enough to firm up their liberal talk lineup on the cheap.
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Old 11-01-2006, 04:26 PM   #2
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It seems like a good idea.

Therefore, I being a business reverse-lightning rod, it won't happen.
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Old 11-01-2006, 04:40 PM   #3
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Whoever buys it I bet they'll overpay as there may be a fierce bidding war going on.
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Old 11-01-2006, 05:03 PM   #4
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Correct me if I'm wrong, but Air America is looking for a buyer because they can't make any money.
The last thing Sirius - or XM, for that matter - needs is more debt.
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Old 11-01-2006, 05:08 PM   #5
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They can't make money through sydication on terrestrial AM stations with very limited signals.

There's a good chance it would be successful if run by a team of first rate programmers, exclusively on a satellite radio network.

Nearly all of the cost is distribution and production. Air American pays every station it's on to carry it.

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Old 11-01-2006, 05:08 PM   #6
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It could a result of poor management. If so, even a less than genius level corporation could make it do well.
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Old 11-01-2006, 05:11 PM   #7
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Quote:
Originally Posted by Capn Ramius
It could a result of poor management. If so, even a less than genius level corporation could make it do well.
Exactly what I was thinking and probably would work with a good portion of the companies crying poverty YET still paying a CEO $300MIL/YEAR.

I say, if you need that kind of paycheck YOU DON'T DESERVE TO BE CEO.
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Old 11-01-2006, 06:02 PM   #8
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I really hope Sirius buys Air America! One of the main reasons I purchased Sirius was to be able to listen to this station. I know several others who did the same thing. IF it wasn't for Stern, Ed Schultz, Thom Hartman, Stephanie Miller and (boo hoo, the Young Turks) I would have gotten rid of the service.
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Old 11-01-2006, 06:09 PM   #9
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I'm getting more and more into the talk on Sirius. Finding Mike and Mike on ESPN was a killer find and I'm not a huge sports guy. They are good stuff.
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Old 11-01-2006, 06:27 PM   #10
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Quote:
Originally Posted by rustytrombone
I'm getting more and more into the talk on Sirius. Finding Mike and Mike on ESPN was a killer find and I'm not a huge sports guy. They are good stuff.
Talk radio is really the best thing about satellite IMO. I have mp3s I've been listening to for 10 years but I don't own an ipod- it's the unrestricted talk radio that I really like and what I could never get on testical radio.
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Old 11-01-2006, 09:18 PM   #11
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The problem with AAR has from minute one been lousy content. Unless they get rid of the bitterness and hostility I would hope xmsr and siri avoid it like a plague.

maybe xmsr & siri could join together and create a liberal talk channel or aar derivative that runs on both xmsr & siri since the market seems to be limited for this kind of programming. but they need to get some real talent if they want liberal talk to work.
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Old 11-01-2006, 09:31 PM   #12
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Quote:
Originally Posted by FlagRiot
The problem with AAR has from minute one been lousy content. Unless they get rid of the bitterness and hostility I would hope xmsr and siri avoid it like a plague.

maybe xmsr & siri could join together and create a liberal talk channel or aar derivative that runs on both xmsr & siri since the market seems to be limited for this kind of programming. but they need to get some real talent if they want liberal talk to work.
This is essentially what all political talk is. They are playing to their listeners who are normally the hard core people. Liberals listen to Randi Rhodes just like Conservatives listen to Rush Limbaugh because they provide what they want. Red meat for the coyotes.

That being said, if XM and Sirius ever wanted to get together and pool their resources, this would be one way to do it. Air America isn't worth an exclusive contract with anyone, and the way their situation is looking, it would be worth it to them to spread out instead of being featured on one satellite network over another.
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Old 11-01-2006, 11:51 PM   #13
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I agree a joint venture between XM and SIRIUS so they could both carry the content would be a smart move! But you know it won't happen like that.
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Old 11-02-2006, 07:58 AM   #14
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I would love that considering not only did Sirius have to right wing stations forever, when they got rid of the proper right station, it was replaced by...Fox News Talk. Also, ABC radio places Hannity and plenty of other right wingers....I wish they would buy Air America but it's more likely if anyone buys it, it would be XM.
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Old 11-02-2006, 08:25 AM   #15
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AAR needs to be run by folks who understand radio. It was possibly a good idea, with a horribly executed plan. It's one thing to put together some personalities, it's another thing to put together coherent content. Every aspect of Air America has been mismanaged from the start. To be honest, they should blow the whole thing up, and syndicate the two or three (relatively) successful personalities (if that) that AAR has.
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