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Sheldon Drobny

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Sheldon Drobny(1945 – January 24, 2020) was an Americanaccountantandinvestor,best known for forming the company that later becameAir America Radio.

Career

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Drobny was Chairman Emeritus of Paradigm Group II, LLC, aninvestmentfirm that serves as managing partner of Paradigm Millennium Fund, LP, which entities together are a principal and largestshareholderof the Company.

Drobny was also a director of numerousportfolio companiesof Paradigm Group II, LLC and was formerly a partner in the firm of Adler Drobny Fischer, LLC, Certified Public Accountants and Consultants. Drobny was a member of theNASDand theAmerican Institute of Certified Public Accountants,the Illinois C.P.A Society and several otherprofessional associations.Drobny was also a formerIRSagent. He held aBSdegree in Accounting fromRoosevelt University,1967.

Air America Radio

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Drobny began to pursue the start of aliberalradio network sometime in late 2002 or early 2003. He and his wife, Anita, sold the forerunner ofAir America Radioto a group headed byEvan Montvel Cohen.

In mid-2003, the Drobnys met Cohen through a meeting arranged byDavid Goodfriend,a former Clinton aide andBeloit Collegeclassmate of Cohen. Cohen and his partner purchased the rights to start up the new radio network. After Cohen and his partners at Progress Media, LLC ran out of operating capital, Drobny and other investors moved in through Piquant LLC and purchased the assets of the radio network.

In 2006, after failing to reacquire control of Air America Radio, Sheldon and Anita Drobny foundedNova M Radioas a competitor toAir America Radioin producing and syndicating progressive talk radio programs.[1]

Fourth Estate Society

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Drobny was also involved in theFourth Estate Society,which has the stated goal of revitalizing the tradition of independentjournalismin the United States.

Death

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Drobny died on January 24, 2020, of pancreatic cancer at his home in Highland Park, Illinois. He was 74 years old.[2]

References

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  1. ^Miller, Lia (April 3, 2006)."Air America Founders Seek Their Own Stations".The New York Times.
  2. ^"Robservations: PBS documentary recalls Chicago's 'First Rainbow Coalition' - Robert Feder".
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