Charting the Soros Audacy Acquisition
The Washington Examiner’s Gabe Kaminsky recently reported on the Federal Communications Commission’s controversial approval of an application concerning Audacy’s radio broadcast licenses in the aftermath of the company’s bankruptcy and reorganization earlier this year. With over 200 radio stations under its umbrella, Audacy is the second-largest broadcaster in the United States.
According to the published decision, the licenses will be assigned to a newly reorganized Audacy, which itself will become part of a web of entities connected to billionaire megadonor George Soros and his son Alexander Soros. Conservatives have expressed concern over the Audacy acquisition, in part because the Soros network that will now ultimately control the company is one of the largest and most influential left-of-center philanthropic and political funding networks in the country.
The Examiner report featured the following chart, produced by the Capital Research Center using the i2 Analyst’s Notebook program. It illustrates the complex web of entities (for-profit and nonprofit) and individuals now controlling Audacy, and their relationships to one another.
InfluenceWatch profiles are also available for some of the most important individuals and organizations involved in the Audacy reorganization:
- Soros Network (Open Society Network)
- Fund for Policy Reform
- Foundation to Promote Open Society
- Michael Vachon
- Alexander Soros
- George Soros
- Andrea Soros Colombel
To read the full report at the Washington Examiner, click here.
Source: https://capitalresearch.org/article/charting-the-soros-audacy-acquisition/
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