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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.
FCC Approves Expedited Sale of More Than 200 Radio Stations to George Soros’s Investment Firm
By all appearances, the FCC majority isn’t just expediting, but is bypassing an established process to do a favor for George Soros,' one congressman says.
WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit
Facing major pushback, the FCC has given the greenlight for WEEI’s owner Audacy to transfer its licenses to a George Soros-backed nonprofit, as the company emerges from bankruptcy. The FCC’s approval on Monday came about seven months after U.
Audacy to go private
Audacy to go private after emerging from bankruptcy and completing financial restructuring
Audacy announced the completion of its restructuring Monday, hours after the FCC said it had approved the proposed plan.
Audacy completes its financial restructuring and now plans to go private
Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion of funded debt by 80%, to $350 million.
Audacy to emerge from bankruptcy as a private company
Radio and podcast giant Audacy has emerged from Chapter 11 bankruptcy protection following the approval of a transfer of its radio station licenses from the Federal Communications Commission (FCC). Why it matters: The firm,
1d
on MSN
Audacy will head to bankruptcy court after months of delays fueled by GOP allegations over Soros’ stake in radio giant
Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...
1d
Soros-backed group gets OK to acquire licenses for Audacy stations, including in Detroit
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
1d
on MSN
Soros-Backed Group Wins Biden Administration Approval for Takeover of 200 Radio Stations
The decision has drawn criticism from Republicans, who say the FCC broke with established procedure to push the deal through.
Radio World
3h
Audacy Makes It All the Way Back
Audacy's successful reorganization may mark a new beginning, but the media company continues to face a challenging economic ...
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