I think that the New York Times got it exactly wrong this morning in declaring that “the enduring legacy of Air America’s failure is that political media from either side of the aisle is more successful when run as a business instead of a crusade.”
That very attitude is what has hobbled the growth of liberal talk radio but conservatives have never thought about media that way and they still don’t. The week before Air America shut its doors the Rev. James Dobson announced that he was starting a new radio show with his son Ryan, a thirty-nine year tattooed surfer who shares his father’s ultra-conservative views. On Dobson’s Facebook page he asked his supporters to fund the new show. “Your participation will be greatly appreciated, especially during this time when startup costs will be very expensive. The budget for the first year, including the costs of radio airtime, will be about two million dollars."
...
In the early nineteen seventies the Washington Post and New York Times were instrumental in helping expose the Watergate scandal and publishing the Pentagon papers. Conservatives felt that liberals had an advantage in setting the agenda because of the influence of New York and D.C. newspapers on the national media.
In 1976 Rupert Murdoch bought the New York Post and it has lost money every year since, the total loss estimated to be more than half a billion dollars. In 1983, the Rev. Sun Myung Moon created the Washington Times, which has also lost money every year. Widely published reports place Moon’s losses at over $1 billion on the Times and other political media including a purchase the venerable wire service UPI. These money losing properties have put dozens of conservatively slanted stories onto the national radar screen, altered the framing of every important political issues, and nurtured virtually every right wing pundit who now thrive as TV talking heads....
The fatal flaw in Air America’s genetic code was the pretense that liberal talk radio was a great business opportunity, that progressives could have their cake and eat it too, do well by doing good, make big salaries and get a great return on investment while also pursuing an ideological agenda. Sure, every once in awhile political media like Michael Moore’s movies or Rush Limbaugh’s radio show will make money, but for those interested in influencing public opinion, media in all venues is vital whether they make money or not.
http://downwithtyranny.blogspot.com/2010/01/air-america-rip-guest-post-from-former.html