Mediaweek reports that Air America Radio will lose its New York flagship station, WLIB-AM, when its lease runs out on Aug. 31. According to the report, the lease originally ended on March 31, but the network got an extension that lasts only until the end of August. The story suggests that progressive talk programming will continue on WLIB, but with more local programming. The station will be operated as a joint venture betweeen current owner Inner City Broadcasting Corporation and P1, a company run by veteran radio executive Randy Michaels. P1 will handle the programming side of the business, and will likely launch their syndicated talk program The Ed Schultz Show, which they acquired last year from Democracy Radio.
This doesn't necessarily mean the end of Air America programming in the New York market; a spokesman is quoted as saying “to be clear, Air America will not go silent on the New York City airwaves.” Perhaps they can find a new home further to the left... lord knows there's not much happening on 570AM these days.