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VisitWhat will be the change in radio market share due to Soros' acquisition by December 31, 2024?
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FCC Fast-Tracks Soros' Acquisition of 220 Radio Stations in 3-2 Democrat-Majority Vote
Sep 24, 2024, 03:02 PM
The Federal Communications Commission (FCC) has expedited the approval process for George Soros' acquisition of over 220 radio stations. This decision, which bypassed a national security review, comes just weeks before the November presidential election. The stations, which span 40 markets, will expand Soros' media portfolio and reach approximately 165 million Americans. The FCC's decision was made along party lines, with the Democrat-majority commission voting 3-2 in favor of the approval. This unprecedented move has raised concerns about potential foreign influence and the integrity of the media landscape. Soros Fund Management is rapidly expanding into radio and podcasting, acquiring a major stake in Audacy, the second-largest U.S. radio company with 230 stations.
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