Report: Air America WLIB/NY Lease Endangered; "No Plans Of Leaving NY," Says Network
March 6, 2006 at 12:59 PM (PT)
What's up with AIR AMERICA RADIO's lease of INNER CITY's WLIB-A/NEW YORK? A report by blogger/talk host BRIAN MALONEY at his RADIO EQUALIZER site says that the network may lose its lease on its flagship as early as the end of MARCH, with MALONEY saying that a consortium led by RANDY MICHAELS and ALTA COMMUNICATIONS is tipped as the likely successor to AIR AMERICA in leasing the facility. MICHAELS' P1 owns ED SCHULTZ' show and ALTA has invested in INNER CITY in the past. MALONEY cites an "internal source" reporting that INNER CITY exercised a termination clause on FEBRUARY 17.
In response to MALONEY's report, AIR AMERICA RADIO spokeswoman JAIME HOOD told ALL ACCESS that “it is business as usual at AIR AMERICA RADIO, we will not, nor have we ever discussed, our confidential negotiations with third party companies, investors, or others in a public forum. We have no plans of leaving the NEW YORK CITY airwaves and plan to be on in NEW YORK for many years to come.”