Air America parent may find buyer: WSJ

[LTR]

NEW YORK (Reuters) - The bankrupt parent of talk-radio network Air America is close to being bought by a group of investors led by a New York-area family, The Wall Street Journal reported on Monday, citing sources.

The French family of Westchester, New York, owner of New York City-area television concern WRNN, is leading a group of investors in a bid to buy the assets of Piquant LLC, the Journal reported, citing people familiar with the situation.

An agreement could be announced as early today, it said.

http://www.washingtonpost.com/wp-dyn/content/article/2007/01/22/AR2007012200239.html
http://ltradio.blogspot.com/2007/01/air-america-close-to-sealing-deal.html

[Epiphany4z]

1. I was peeking over at freeperville

yesterday ..one of the post subject lines was french family bailing aol out..or something close to that...

[rocktivity]

2. I figured that they'd found a buyer

when the right wing media stopped covering the story!

:headbang:
rocknation

[LTR]

3. There could be at least one new show

If the acquisition does go through, it could lead to several programming changes at the liberal talk-radio network. Richard French, Jr., son of WRNN's owner, will likely get his own show in prime time on Air America. Richard French, formerly a New York State Democratic Party official, already has a nightly show on WRNN, “Richard French Live,” where he has hosted guests including Sen. Hillary Clinton (D-NY).

The potential new owner:

http://www.rnntv.com/

http://ltradio.blogspot.com/2007/01/air-america-close-to-sealing-deal.html

[LTR]

4. .

:kick: