George Soros, FCC and Audacy
George Soros’ ‘unprecedented’ purchase of Audacy radio stations before election investigated by lawmakers: ‘New shortcut’
The major radio company Audacy Inc. fell into financial straits, but through a complex business deal Democratic mega donor and billionaire George Soros has gained control of the stations.
Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...
The billionaire’s Soros Fund Management previously acquired about $415 million worth of Audacy’s debt. As part of the ...
Radio chain owns KMOX, conservative KFTK and four other local stations. Democratic “megadonor” Soros will buy it from ...
Audacy can emerge from bankruptcy — and expects to do so within days — after gaining FCC approval Monday. The Federal ...
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WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit: ‘The Commission’s ...
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
The decision has drawn criticism from Republicans, who say the FCC broke with established procedure to push the deal through.
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