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Air America Founders Launch Radio Network

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Days after the parent of the liberal Air America talk-radio network filed for bankruptcy protection, its co-founders launched a new network.

Longtime Democratic fundraisers Anita and Sheldon Drobny’s Nova M Radio Inc. expects to air the network starting Oct. 30, broadcasting initially from stations in Phoenix and Little Rock, Ark. The Drobnys sold Air America in 2003 to a group of investors.

The Drobnys, along with Mike Newcomb, will serve as principals. The network has signed former Air America host Mike Malloy.

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-- Claire Hoffman

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