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.
Soros-led takeover of Audacy gets FCC approval despite opposition
Audacy can emerge from bankruptcy — and expects to do so within days — after gaining FCC approval Monday. The Federal Communications Commission on Monday approved the transfer of Audacy's business licenses to a group of creditors that includes a firm led by billionaire George Soros.
Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...
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WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit: ‘The Commission’s ...
Radio chain owns KMOX, conservative KFTK and four other local stations. Democratic “megadonor” Soros will buy it from ...
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
Philadelphia-based radio broadcaster Audacy has emerged from bankruptcy shedding about $1.6 billion worth of debt, and now ...
Audacy's successful reorganization may mark a new beginning, but the media company continues to face a challenging economic ...
Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded ...
The decision has drawn criticism from Republicans, who say the FCC broke with established procedure to push the deal through.
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