Air America Finds Buyer in SLG Radio

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AIR AMERICA FINDS BUYER IN SLG RADIO
[SOURCE: MediaWeek, AUTHOR: Katy Bachman]
SLG Radio, an entity controlled by Stephen Green, founder and chairman of SL Green Realty Corp, will buy Air America Radio. Green said, “We'll do three things. First, we'll stabilize its finances. Second, we'll build on its line up to assure the best radio talent possible, since in the long run content is king. And third, we'll extend this special brand by partnering with other platforms beyond radio to make sure Air America’s content reaches the wide audience it deserves.” With the announced sale, the network also announced that it would lose its marquee personality Al Franken, whose last day hosting The Al Franken Show, would be Feb. 14, 2007. Thom Hartmann, host of The Thom Hartmann Program, will move into Franken’s Noon to 3 p.m. weekday time slot. Stephen Green's brother, Mark Green, has been a frequent guest and host on the network.
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* Air America to Be Acquired by New York Investor
http://www.nytimes.com/2007/01/30/business/media/30radio.html


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