George Soros’ ‘unprecedented’ purchase of Audacy radio stations before election investigated by lawmakers: ‘New shortchut’
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.
Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately ...
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
The decision has drawn criticism from Republicans, who say the FCC broke with established procedure to push the deal through.
Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded ...
The FCC has approved a reorganized Audacy on a 3-2 vote, enabling the company to emerge from Chapter 11 bankruptcy.
Politically progressive financier Soros would become largest shareholder in Audacy, owner of six St. Louis stations, which ...
Republican FCC Commissioner Brendan Carr voiced concerns about a decision to fast-track the sale of hundreds of radio ...
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