Saturday, December 23, 2006

Sheldon Drobny on Air America Radio: An example of ego and crony capitalism

From Sheldon Drobny at Huffington Post:

When my wife and I conceived of the idea of forming a liberal radio network in 2001, we had no idea what was in our future. As socially responsible venture capitalists (usually an oxymoron) we hoped that we would help to balance the media bias that led to the stolen election of 2000 that has so negatively impacted all Americans.

You can read about this in my non-best selling book: Road To Air America. Unfortunately, AAR reached a dead end as a result of cronyism and ego which is usually a disease suffered by many mega millionaires of either political persuasion. My next book, Defying The Distortion, has a final chapter still waiting to be written and will be published when the AAR final chapter is known.

The positive news is that about 100 radio stations have now committed themselves to progressive talk radio and many of the listeners have demanded that their communities continue to carry non-conservative talk radio. AAR established a beachhead for the concept and the follow on content companies, if run well, will make non-conservative talk radio the wave of the future so that our country can re-establish itself as a shining light for democracy and human rights. But, the inside story of the major shareholders of AAR is the worst example of predatory greed and vanity. It was surprising to me as one who originally believed that rich liberals would somehow be different.

You can read more of this interesting article at Huffington Post.


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