FCC, George Soros and Audacy
Soros-led takeover of Audacy gets FCC approval despite opposition
Audacy can emerge from bankruptcy — and expects to do so within days — after gaining FCC approval Monday. The Federal Communications Commission on Monday approved the transfer of Audacy's business licenses to a group of creditors that includes a firm led by billionaire George Soros.
House Oversight To Investigate FCC Over George Soros & Audacy
The US House Committee on Oversight and Accountability is opening an investigation on the FCC over George Soros' potential stake in Audacy.
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.
George Soros closer to controlling 200 radio stations despite objection from Trump-nominated FCC commissioner
The FCC seemingly approved a deal that would “fast-track" George Soros’ acquisition of more than 200 Audacy radio stations across America, irking Republican commissioners.
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.
Lawmakers investigate Soros ‘shortcut’ to buying radio stations before election
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
FCC Approves Expedited Sale of More Than 200 Radio Stations to George Soros’s Investment Firm
By all appearances, the FCC majority isn’t just expediting, but is bypassing an established process to do a favor for George Soros,' one congressman says.
Soros-backed group gets OK to acquire licenses for Audacy stations, including in Detroit
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
Radio World3h
FCC Approves Audacy’s Exit From Bankruptcy
The FCC has approved the plan of Audacy, the second-largest radio company in the United States by revenue, to exit Chapter 11 ...
RBR2h
FCC APPROVES AUDACY BANKRUPTCY EMERGENCE IN SPLIT VOTE
The FCC, as expected, has approved of Audacy Inc.'s plan to emerge from debtor-in-possession status — a move that makes Soros ...
Radio Ink6h
FCC Approves Audacy’s Bankruptcy Reorganization Plan
The Federal Communications Commission has granted approval for a reorganized Audacy, enabling company to emerge from Chapter ...
FCC approves radio license transfers to allow Audacy to exit bankruptcy
The Federal Communications Commission said Monday it had voted to approve the transfer of radio station licenses to allow ...
RBR8h
NAB ‘Pleased’ Of FCC’s Audacy Post-Bankruptcy Plan OK
"While we do not take a position on the merits of this or any particular broadcast transaction, it is essential that the ...
FCC delay to rollout of internet in rural communities slammed as ‘worst abuse’ by commissioner
The decision has been slammed by Commissioner Brendan Carr as “the worst abuse of agency process I have seen in my twelve ...