"George Soros's Fund Becomes Major Player in US Radio Network"
TL;DR Summary
Billionaire George Soros is set to control over 220 radio stations through a $400 million investment in Audacy, making his fund the top shareholder when the company emerges from bankruptcy. This has sparked fears among conservatives of Soros using the stations to influence voters in the 2024 election. Audacy, the second-largest radio broadcaster in the US, filed for bankruptcy in January with $1.9 billion in debt. The plan requires approval from the Houston bankruptcy court, with a hearing set for February 20.
- George Soros poised to control 220 radio stations via $400M Audacy bailout, stoking fears of progressive billionaire leading second-biggest US network during 2024 election Daily Mail
- George Soros fund poised to take control of nation's second-largest chain of radio stations: 'This is scary' New York Post
- Radio Giant Audacy Set To Exit Bankruptcy With Soros Fund Management As Largest Shareholder Deadline
- Plan for future of troubled company with Boston radio stations includes Soros WCVB Boston
- George Soros firm gets a big stake in WEEI owner Audacy The Boston Globe
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