House Oversight probes FCC's expedited approval of Soros
WEB18 hours ago — Read On The Fox News App Audacy Inc. owns more than 200 radio stations. Soros is attempting to purchase $415 million in debt in a chapter 11 reorganization of the company.
Comer, Langworthy Probe Politicization of FCC with ‘Shortcut’ …
WEB1 day ago — The expedited decision will ensure that Audacy, Inc., in which George Soros, a Democrat megadonor, and his company Soros Fund Management, are acquiring a major equity stake, will continue to maintain broadcast licenses for their over 200 radio stations.
George Soros fund tightens grip over US radio waves after …
WEBApr 9, 2024 — Soros Fund Management, founded by billionaire investor George Soros, is tightening its grip over the US radio industry after scooping up a majority stake in bankrupt radio company Audacy.
George Soros closer to controlling 200 radio stations despite
WEB2 days ago — The FCC seemingly approved a deal that would “fast-track" George Soros’ acquisition of more than 200 Audacy radio stations across America, irking Republican commissioners.
Soros' Acquisition of 200 US Radio Stations Ahead of Election
WEBGeorge Soros' bid to acquire hundreds of radio stations has not only been allowed to go ahead, but is being fast-tracked by the government agency regulating the airwaves. The move appears to be ...
George Soros fund set to become largest shareholder in radio giant Audacy
WEBFeb 22, 2024 — Radio and podcasting giant Audacy Inc. has received court approval to emerge from bankruptcy, with hedge-fund billionaire and philanthropist George Soros's investment fund on track to become...
Soros Fund Set to Own Biggest Audacy Stake After Bankruptcy (1)
WEBFeb 14, 2024 — The investment firm founded by billionaire George Soros has scooped up more than $400 million of Audacy’s highest-ranking debt, bankruptcy court filings show. That makes it by far the biggest member of a group of lenders planning to swap their loans for stock in the broadcaster.
Soros Fund Set to Own Biggest Audacy Stake After Bankruptcy
WEBFeb 14, 2024 — Soros Fund Management is positioned to become the biggest shareholder of Audacy Inc. when the radio and podcast company emerges from bankruptcy.
Political payback? Congress probing FCC’s quick approval of radio ...
WEB19 hours ago — Probe comes after FCC Commissioner Brendan warned review of a Soros-backed purchase of Audacy stations was taking a "shortcut" around normal procedures.
Audacy Bankruptcy Exit Plan Nears FCC Decision.
WEBSep 19, 2024 — According to bankruptcy court filings, Soros has assumed anywhere from 40% to more than half of the estimated $745 million of senior debt, out of the $1.9 billion owed by Audacy. That debt will be converted into an equity stake in the company post-bankruptcy. Audacy has declined to comment on the FCC move, but it …