George Soros’ ‘unprecedented’ purchase of Audacy radio stations before election investigated by lawmakers

[noumoe]

George Soros’ ‘unprecedented’ purchase of Audacy radio stations before election investigated by lawmakers: ‘New shortcut’

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 of American radio stations just weeks before the presidential election.

The major radio company Audacy Inc. fell into financial straits, but through a complex business deal, Democratic mega-donor and billionaire George Soros has gained control of the stations. Deals of this size require FCC approval, but in this case the FCC expedited the approval process.

FCC Commissioner Brendan Carr raised concerns about the deal at a Congressional hearing, telling lawmakers that “… the FCC is not following its normal process for reviewing a transaction.”



https://nypost.com/2024/09/30/us-news/l ... -election/