
Concerns are escalating over George Soros' potential acquisition of the radio platform Audacy, which is currently undergoing bankruptcy. Soros has purchased $400 million of Audacy's debt, prompting discussions about the implications for media ownership. Additionally, the Soros group has proposed skipping the foreign ownership review to expedite FCC approval, aiming to take control of numerous local radio stations nationwide. This move has raised alarms among various stakeholders, including U.S. Representative Chip Roy, who highlighted the potential impact on Texas and broader media influence. The Media Research Center (MRC) has also filed a petition with the FCC against Soros' takeover.
Evil George Soros reportedly trying to fast track the purchase of more radio stations https://t.co/2YDJmU00eQ
Soros denounced over media acquisition plans Billionaire financier has bought $400 million of debt owed by radio platform Audacy, which was going through a bankruptcy process https://t.co/FJVA2LqXrT https://t.co/904BFNepqd
⚠️ICYMI: "The Soros group says that skipping the foreign ownership review at this time will enable the FCC to expedite its approval of the Soros applications... and take the reins at these hundreds of local radio stations across the country." https://t.co/YCyRaSSotB








