On June 8, 2005, Democracy Radio sold its stake in The Ed Schultz Show to a new company headed by veteran radio executive Randy Michaels, the former CEO of Clear Channel Radio.
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Athans was co-founder and former CEO of Democracy Radio, an organization that created and produced progressive talk radio shows that included The Ed Schultz Show and The Stephanie Miller Show.
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In 2002, Tom Athans and radio industry veteran Paul Fiddick founded Democracy Radio, an organization dedicated to creating political balance on America's commercial radio airwaves.
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