Soros-Backed Group Wins FCC Approval for US Radio Stations
WEB1 day ago · ByAshley Carman. September 30, 2024 at 12:17 PM EDT. Save. Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded by ...
WEEI's bankrupt owner Audacy gets FCC approval to transfer …
WEB1 day ago · Soros is the billionaire backer of Democratic politicians and causes. The company’s reorganization plan is slicing more than $1.6 billion of Audacy’s debt — an 80% cut from $1.9 billion to ...
Audacy will head to bankruptcy court after months of delays …
WEB1 day ago · In mid-September, the Rupert Murdoch-owned New York Post reported that the FCC had “fast-tracked” Soros’ “acquisition of radio stations that reach more than 165 million Americans ...
Soros-backed group gets OK to acquire licenses for Audacy stations
WEB1 day ago · In its filing Monday, the FCC said the four members of the board at the Fund for Policy Reform are US citizens. Debt at the new Audacy will be reduced by $1.6 billion to $350 million, according ...
FCC Partisan Rift Grows Deeper Over Audacy Restructuring Vote
WEB1 day ago · The US House Oversight and Accountability Committee is now investigating the FCC for allegedly fast-tracking approval of a deal that could benefit Soros. Committee Chair James Comer and Rep. Nick ...
House Oversight To Investigate FCC Over George Soros & Audacy
WEB4 days ago · On September 30, the FCC revealed it had cleared the reorganization along party lines, 3-2, behind closed doors on September 18 to approve Soros Fund Management’s acquisition of an approximately ...
Soros-led takeover of Audacy gets FCC approval despite opposition
WEB1 day ago · The company's court-approved reorganization plan will hand control of Audacy over to a group of lenders headlined by Soros-led investment firm Laurel Tree Opportunities Corp., along with MBX ...
FCC Approves Plan That Allows Audacy to Exit Bankruptcy
WEB1 day ago · Soros Fund Management will command at least 40% of the stock in the new Audacy, according to the company. The fund is directed by Alex Soros, son of George Soros, the businessman, philanthropist and liberal activist. The approval process has proven controversial. Critics say the FCC bent its foreign ownership limits to push it ahead.
WEBthe Soros groups are asking the Federal Communications Commission (FCC) to approve a change in ownership in Audacy without the FCC running its normal, statutorily required process. This transaction, which affects radio stations that reach millions of listeners across the U.S., including
Comer, Langworthy Probe Politicization of FCC with ‘Shortcut’ …
WEB5 days ago · Comer, Langworthy Probe Politicization of FCC with ‘Shortcut’ Decision to Facilitate a George Soros Deal to Obtain a Major Stake in Over 200 Radio Stations. ... The expedited decision will ensure that Audacy, Inc., in which George Soros, a Democrat megadonor, and his company Soros Fund Management, are acquiring a …
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