Soros Set to Take Control of Second Largest Chain of Radio Stations: ‘This is Scary’

Soros loves to create chaos, and taking over the media is the perfect conduit to continue the strife here in the U.S. There was a time when when the F.C.C. would not allow the same company to own more that one media outlet in a market but those days are over. Earlier he went after 18 Spanish speaking radio stations. How many carry conservative talk programs.

Here we go with the story from the NY Post:

George Soros is poised to take a massive stake in the nation’s second-largest radio company, which owns more than 220 stations nationwide, according to court filings and sources close to the situation.

The left-leaning billionaire’s Soros Fund Management has bought up $400 million of debt in Audacy — the No. 2 US radio broadcaster behind iHeartMedia with stations including New York’s WFAN and 1010 WINS, as well as Los Angeles-based KROQ, according to bankruptcy filings.

Last summer, a fund linked to Soros joined a consortium of former lenders who paid $350 million for bankrupt Vice Media — an outlet that at its peak was once valued at $6 billion.

A judge in Manhattan federal bankruptcy court ruled that Soros Fund Management and Fortress Investment Group represented the best option to take the Brooklyn-based company out of Chapter 11 bankruptcy.

Sources think it could effect the election coming up. “This is scary,” 

Read more

This isn’t his first foray:

Soros bought 18 (Jun 9 2022) A major media deal supported by Democratic fundraisers to recover lost ground among Hispanics by purchasing Spanish-language radio stations around the United States is stirring up opposition in Miami, where Cuban exiles describe it as an attempt to stifle conservative and anti-Communist voices.

The Latino Media Network, a startup founded by two political strategists who worked for President Barack Obama and Hillary Clinton’s presidential campaign, reached a $60 million deal to acquire 18 AM and FM stations in ten U.S. cities from Televisa/Univision.

Latina radio host slams Soros-funded liberal media takeover: ‘I’m not going to be silenced’

A previous post told the story:

FCC Pro-Censorship Radical Gigi Sohn Commissioner Hearing Held

December 2, 2021

One of the most important positions is up for approval. The FCC is set to pick up two new commissioners. A Marxist and Soros supported and could be deadly for what is left of media and free speech. The issue of Net Neutrality is on the line.

In addition to Alvaro Bedoya, the George Soros linked, pro-illegal immigration professor that Biden has selected as his nominee for FTC commissioner, the Biden administration also wants the pro-censorship radical Gigi Sohn to serve on the Federal Communications Committee (FCC).

With jurisdiction over internet and telecoms policy, the FCC is an increasingly important arm of the federal government. During the Trump administration, it was at the center of the President’s efforts to fight back against Big Tech censorship.

Gigi Sohn was the co-founder and CEO of the leftist advocacy group Public Knowledge, which recently called on cable and satellite providers to drop the conservative One America News Network. She doesn’t care much for Fox either. Where do they find all of these Marxists who wish to remove Free Speech?

We are picking up where Obama left off and it isn’t taking any eight years to get there.

Here in the waning days of Obama the coup de grace 

FCC Approves Foreign Takeover of U.S. Broadcasters

October 22, 2016 — bunkerville 

The Federal Communications Commission (FCC) on September 29th did something worse than give up control of the Internet. They voted unanimously to put America’s entire broadcast industry on the fast track to a foreign takeover by Chinese, Russian or Muslim Brotherhood front corporations.

This new FCC rule gives foreign interests the long sought-after tools they need to shape U.S. public opinion and to censor the opposition.

Roll on over to Bunkerville gold posted in 2014:

FCC: The long sordid attempt to take over the news media since day one for the synopsis of the whole business.

Best of the swamp today.