Posted on 09/24/2024 6:24:28 PM PDT by Mr. Mojo
Leftist billionaire and Democratic mega-donor George Soros has been leaning on the Democrat-controlled Federal Communications Commission for months in hopes of fast-tracking his group's acquisition of over 200 radio stations in over 40 markets — including stations that run shows from Glenn Beck, Mark Levin, Erick Erickson, Sean Hannity, and Dana Loesch.
On Wednesday, the FCC reportedly adopted an order to approve the purchase, meaning that in a matter of days, Soros will likely take control of communications to over 165 million Americans with the help of unvetted foreign investors whom Democrats have spared from the FCC's customary national security review process.
National syndicated radio host and Blaze Media co-founder Glenn Beck asked Trump-appointed FCC Commissioner Brendan Carr Tuesday about the Democratic FCC commissioners' apparent willingness to cosign Soros' latest play for narrative dominance.
Carr made clear that "it's an unprecedented decision for the commission" that would not have alternatively been accepted were Soros a partisan of another stripe — a decision that comes amid a broader "weaponization of government power ... against free speech."
Background
Audacy filed for Chapter 11 bankruptcy protection in Texas on Jan. 7 to reduce its debt.
Months later, the U.S. Bankruptcy Court for the Southern District of Texas approved the company's reorganization plan, paving the way for an equitization of over 80% of the company's debt.
In February, Soros Fund Management acquired roughly $414 million of Audacy's debt — nearly 40% of the company's senior debt — emerging as the company's primary shareholder.
Audacy asked the FCC to approve the transfer of its broadcast licenses to the reorganized company.
Rep. Chip Roy (R-Texas), Sen. Ted Cruz (R-Texas), and other critics noted, however, that such a transfer would be problematic as the reorganized company would exceed legally acceptable foreign ownership limits.
(Excerpt) Read more at theblaze.com ...
THE CONSTITUTION SONG!
TUPPER SAUSSY
Tupper’s musical tribute to our founding document. You know,
THE ONE WERE ABOUT TO HELP DEMOCRATS & RINOS TRASH IN NOVEMBER!
4 minutes
https://www.youtube.com/watch?v=8bRvFzxqlUY
Monopoly big time!!!!!
Foreigners buying up our land and our businesses and radio stations.
Should not be allowed.
I wish that *****r *****r would just... fall down or something.
His kid too.
The Soros family should be in prison, not buy radio stations or even a Twinky. Well, maybe some lube.
Seriously, what good is this federal government to the American people?
No foreign person or entity should own any US media
p
It’s called “Clean-up on aisle 3.”
Our communist masters just tying up any loose ends...
XPR (Elon Musk Public Radio) coming soon.
This is absolutely outrageous. The FCC has been completely compromised by foreign money invested to influence 165 million American voters in the November 5 election.
Soon we will all have mandatory Air America Radio playing non stop. Al Franken will get our heads straight.
This will fail just like Air America. The democrats and Marxists started it to spread their propaganda finding”the liberal Rush Limbaugh” completely ignoring AM talk radio is about entertainment and selling ads. The Marxists already have 99% of media, there is no audience for liberal talk radio.
What is the value of any radio stations that nobody will tune to?
The FCC was looking to get paid for stations that were going to be dead anyway.
No Soros group nor any foreign control, can force or bring in people to nothingness.
“What is the value of any radio stations that nobody will tune to?”
In addition to the fact that no one listens anymore, the lies won’t negate the reality of the serious degradation of life in America. Reality and the price of food trump propaganda.
This acquisition needs to be stopped. You all know what will happen if Soros get all those stations.
FCC - commies, sexual weirdos, or bought?
Watch the lifestyle of those FCC commissioners go way upscale.
Radio Stations are a lousy investment.
There is nothing on unless you want rock or pop music.
I suspect they’re buying frequency bands for sending files for something new.
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