So here I was in the spring of 1991, working for the Sun Radio Network in Clearwater, Florida. As I’ve mentioned before, Sun also had it’s own radio station locally at the time, WEND, and also owned a satellite chain that carried Sun programming 99% of the time, North America One (at one point, NA1 was its own entity entirely, but merged with Sun before I was employed there). SRN had a quality lineup of hosts who brought in stations, large and small, from all over the country.
The network had one significant problem: it wasn’t just losing money, it was hemorrhaging it, to the tune of $202,000 a month. It takes a lot of money to keep a national network on the air between cutting edge (at the time) phone technology, paying building rent, and paying employees. To help pay for this white elephant came an organization from Washington D.C. called Liberty Lobby. According to a 1991 interview with Richard Benton, who was with SRN’s affiliate relations director at the time, Liberty Lobby paid about $166,000 of that $202,000 of debt SRN was piling up, and was doing so every month.