Stephen Green
PJ Media, June 20, 2024
“Soros is reportedly leaning hard on the FCC for approval, but, at least publicly, the commission remains mum.”
What do conservative talk radio hosts Dana Loesch, Mark Levin, Glenn Beck, Sean Hannity, and Erick Erickson all have in common? All of their shows are carried by Audacy, the second-largest radio network in the country. Another thing they’re about to have in common is “progressive” billionaire George Soros as the man who owns their airwaves — if he gets the waiver he wants from the Democrat-controlled FCC.
The real-world Bond villain/philanthropist of bad causes took a $415 million stake in Audacity in February of this year, which Inside Radio called “the latest act in the liberal billionaire’s media investments.” The industry paper explained that “the Audacy deal isn’t his first land grab in the audio business. In addition to taking a minority stake in podcast company Crooked Media, Soros Fund Management was also one of several investors in Latino Media Network, which purchased 18 radio stations in 10 major markets – including New York, Los Angeles, and Miami – from TelevisaUnivision a year ago.”
When Audacity filed for bankruptcy in January, Soros swooped in to buy up their debt cheap — just 50 cents on the dollar — making his first move at gaining control of the company’s 227 radio stations in 45 media markets across the country with 165 million monthly listeners. One of those stations is personal to me, KMOX 1120-AM in St. Louis. I grew up listening to the news-talk powerhouse — and even interned there in 1988, learning writing and broadcasting from old-school pros like Bob Hamilton. …. [To read the full article, click here]