Deep-pocketed political donor Rob Glaser undertook his biggest-ever political investment in 2004 when he handed over $10 million to prop up lefty talk-show network Air America Radio, giving him 36.7 percent ownership. But while the founder and CEO of Seattle-based RealNetworks Inc. successfully helped fund the 2006 Democratic revolt in Congress, he has been bloodied attempting a similar revolution in progressive talk radio.
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AAR sounds like it suffered not only from poor listenership, but also horrible management decisions. I'm sad to hear it go, it was a pleasant balance to commentators like Limbaugh and Hannity.
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