Popular Articles
Today Week Month Year

Texas congressman slams George Soros over his acquisition of radio giant Audacy
By Kevin Hughes // Apr 26, 2024

A member of Congress has denounced Hungarian globalist billionaire George Soros for his acquisition of America's second-largest radio company, which has gone bankrupt.

U.S. Rep. Chip Roy (R-TX) is reportedly accusing Soros of attempting to expedite his purchase of radio giant Audacy through the Federal Communications Commission (FCC). Through his Soros Fund Management's (SFM) purchase of approximately $40 million of Audacy's $1.9 billion liabilities, Soros could effectively control more than 220 radio stations across the country.

In a letter seen by Fox News, Roy expressed concern that SFM and other groups are asking the FCC to approve a change in ownership in Audacy without the commission "running its normal, statutorily required processes."

"This transaction, which affects radio stations that reach millions of listeners across the US, including in Texas' 21st congressional district, should – at minimum – be subject to rigorous FCC oversight to ensure U.S. radio stations are not subject to undue influence," the congressman for the Lone Star State wrote.

He mentioned in his letter that, instead of passing through the usual petition for declaratory ruling process, the Soros group has requested the FCC to waive that procedure and "put it off until sometime down the road – indicating that those foreign stakeholders will be given "special warrants" in the meantime."

The congressman told Fox News that Soros is clearly making a move in the radio world. (Related: Globalism on the airwaves: Soros fund now bankrolling radio stations.)

Human knowledge is under attack! Governments and powerful corporations are using censorship to wipe out humanity's knowledge base about nutrition, herbs, self-reliance, natural immunity, food production, preparedness and much more. We are preserving human knowledge using AI technology while building the infrastructure of human freedom. Speak freely without censorship at the new decentralized, blockchain-power Brighteon.io. Explore our free, downloadable generative AI tools at Brighteon.AI. Support our efforts to build the infrastructure of human freedom by shopping at HealthRangerStore.com, featuring lab-tested, certified organic, non-GMO foods and nutritional solutions.

Audacy purchase would give Soros control of broadcasters in 45 U.S. states

Roy urged federal officials to provide Audacy a temporary exemption to existing FCC rules. Under current law, U.S. radio stations cannot have foreign ownership exceeding 25 percent. Compliance with this regulation would usually slow down the approval process SFM is pursuing.

After years of decreasing revenue, Audacy filed for bankruptcy in early January with $1.9 billion in debt. SFM's purchase of approximately 20 percent of Audacy's debt has made it the biggest shareholder. But this wasn't the first time the Soros-linked fund backed a failing media company – it was one of the many corporations that acquired VICE Media after its May 2023 bankruptcy filing.

Should the deal move forward, the billionaire financier would reportedly be a part-owner of broadcasters in 45 U.S. states. Audacy presently owns 227 music, sports and talk radio stations. It also owns CBS Radio, which operates 11 news stations, along with San Francisco TV channel KCBS 2 and New York City TV channel WCBS 2.

This impact on the U.S. political system has created speculation about Soros' control over politicians and elections. Some fear this purchase could be used as a campaign tool at the local and regional levels or to influence the forthcoming 2024 election.

Follow Soros.news for more news about well-known globalist elite George Soros.

Watch this video that talks about George Soros taking control of more than 220 radio stations across America by means of SFM's acquisition of Audacy.

This video is from the Thisisjohnwilliams channel on Brighteon.com.

More related stories:

Birds of the same feather: Vice Media files for bankruptcy and sells off assets to left-wing billionaire George Soros.

Globalist billionaire George Soros is financing efforts to elect more open borders Democrats in Texas.

Soros has been exposed as major player behind the scenes in possible Trump indictment.

Soros network ramps up investment in Latino voter mobilization.

George Soros funding tied to dozens of mainstream media figures, journalists.

Sources include:





Take Action:
Support NewsTarget by linking to this article from your website.
Permalink to this article:
Embed article link:
Reprinting this article:
Non-commercial use is permitted with credit to NewsTarget.com (including a clickable link).
Please contact us for more information.
Free Email Alerts
Get independent news alerts on natural cures, food lab tests, cannabis medicine, science, robotics, drones, privacy and more.

NewsTarget.com © 2022 All Rights Reserved. All content posted on this site is commentary or opinion and is protected under Free Speech. NewsTarget.com is not responsible for content written by contributing authors. The information on this site is provided for educational and entertainment purposes only. It is not intended as a substitute for professional advice of any kind. NewsTarget.com assumes no responsibility for the use or misuse of this material. Your use of this website indicates your agreement to these terms and those published on this site. All trademarks, registered trademarks and servicemarks mentioned on this site are the property of their respective owners.

This site uses cookies
News Target uses cookies to improve your experience on our site. By using this site, you agree to our privacy policy.
Learn More
Get 100% real, uncensored news delivered straight to your inbox
You can unsubscribe at any time. Your email privacy is completely protected.