On March 31, 2004, Air America Radio, promoted as the liberal antidote to conservative-dominated talk radio, was launched with great fanfare.

[...]

Now that it's possible to compare ratings for this spring to last year's start-up, it's clear the network has yet to climb out of the cellar.

Air America's overall ratings, which rose initially after all the free publicity, faded before the November election and haven't recovered.

[...]

Measured season-to-season--the most accurate way to assess audience preferences, because listening patterns vary throughout the year--Air America has lost audience in major markets, including New York and Boston, since April, May and June of 2004.