Published 6 months ago • loading... • Updated 6 months ago

The FCC Is Fast-Tracking Soros’ Acquisition of 200 Radio Stations

The Federal Communications Commission is expediting a deal allowing George Soros' acquisition of over 200 U.S. Radio stations, despite concerns from Commissioner Brendan Carr about foreign ownership rules.
Carr stated this decision is unprecedented as it bypasses the national security review process typically required for foreign ownership transactions.
The FCC's vote was partisan, with three Democrats supporting the move and two Republicans opposing it.

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National Review

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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.

6 months ago·United States

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Bloomberg

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Live Mint

Lean Left

Soros-Backed Group Wins FCC Approval for US Radio Stations

Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded by billionaire George Soros, paving the way for the company to emerge from Chapter 11.

6 months ago·United States

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Vermont Daily Chronicle

Right

Congress investigates fed fast-track of Soros buy of 200 radio stations - Vermont Daily Chronicle

Deals of this size require FCC approval, but in this case the FCC expedited the approval process.Critics of the deal say it gives too much power to a heavily political, and liberal, billionaire just before the election.

6 months ago

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The Political Insider

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Uncanceled News

Far Right

Lawmakers Investigate Soros ‘Shortcut’ to Buying Radio Stations Before Election

By Casey Harper (The Center Square) The U.S. House Oversight Committee is investigating why the Federal Communications Commission fast-tracked a deal that allowed a billionaire Democratic donor to buy a wide swath of American radio stations just weeks before the presidential election. 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 …

6 months ago

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Worthy Christian News

Center

Lawmakers Investigate Soros 'Shortcut' To Buying Radio Stations Before Election

By Casey Harper | The Center Square (Worthy News) – The U.S. House Oversight Committee is investigating why the Federal Communications Commission fast-tracked a deal that allowed a billionaire Democratic donor to buy a wide swath of American radio stations just weeks before the presidential election. The major radio company Audacy Inc. fell into financial straits, but through a complex business deal Democratic mega donor and billionaire George S…

6 months ago

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The Center Square

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Lean Right

Lawmakers investigate Soros ‘shortcut’ to buying radio stations before election

(The Center Square) – The U.S. House Oversight Committee is investigating why the Federal Communications Commission fast-tracked a deal that allowed a billionaire Democratic donor to buy a wide swath

6 months ago·United States

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