by James Lynch
October 4, 2024
The Biden administration is fast-tracking approval for the transfer of more than 200 radio-station licenses from bankrupt broadcaster Audacy Inc. to a nonprofit controlled by George Soros’s progressive philanthropy empire, raising the ire of Republicans who say the Federal Communications Commission is breaking with established procedure to push the deal through.
The FCC voted 3-2 earlier this month to allow a restructured Audacy Inc., now controlled by the Soros-funded nonprofit Fund for Policy Reform, to maintain over 200 broadcast licenses as it emerges from bankruptcy proceedings. On Monday, the commission released the text of its decision, which has drawn considerable scrutiny from Republican opponents concerned about the involvement of George Soros and his son Alexander.
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