Find a tall tree and 'decorate' it...
Posted on 04/13/2024 10:04:10 AM PDT by E. Pluribus Unum
In February, we reported that Soros was about to take over the third-largest broadcaster in the country, Audacy, along with its stations.
After Audacy was forced to file for Chapter 11 bankruptcy, Soros Fund Management bought hundreds of millions of its debt for 50 cents on the dollar and under a bankruptcy agreement will become its largest shareholder with a potential impact on much of the country and its politics.
Audacy claims to be able to reach 200 million people across the range of its properties which include sports, music and talk radio stations, as well as a large digital platform, and while Audacy is not an inherently conservative company, it owns a number of talk radio stations and the talk radio format caters to commuters, early risers and working people which is to say conservatives. And the Soros takeover will give one of the biggest funders of leftist extremism control over not only conservative talk radio stations but those that are, like WILK, in swing states. That includes two other stations in Pennsylvania and many others across the country.
He’s not stopping.
Soros Fund Management, founded by billionaire investor George Soros, is tightening its grip over the US radio industry after scooping up a majority stake in bankrupt radio company Audacy.
In those talks, Soros’ fund, which is now controlled by the magnate’s nonprofit organization, Open Society Foundations, has privately mulled acquiring other major radio companies, including AM and FM giant Cumulus Media, according to Semafor.
Cumulus Media has been described as the second largest radio network in the country (the New York Post describes Audacy as the third largest), but either way, we are talking about a massive empire.
Audacy claimed over 200 million listeners while Cumulus claims over 250 million.
And it’s not a coincidence that this is happening right...
(Excerpt) Read more at frontpagemag.com ...
Listeners have the option to either (1) change stations or (2) switch it off. For an object lesson see Air America.
“Audacy claimed over 200 million listeners while Cumulus claims over 250 million.”
Numbers are suspect.
Soros Fund Management, founded by billionaire investor George Soros, is tightening its grip over the US radio industry after scooping up a majority stake in bankrupt radio company Audacy.
In those talks, Soros’ fund, which is now controlled by the magnate’s nonprofit organization, Open Society Foundations, has privately mulled acquiring other major radio companies, including AM and FM giant Cumulus Media, according to Semafor.
Have the anti-trust and monopoly laws been repealed or are they just not enforced?
Will no one take this evil prick out?
Audacy is the home of our local sports radio channel. Its nothing more than sports scores and the cheesy sports narrative of the day
Radio has such potential, but its completely dead.
His goal is to shut down right-wing media.
Anybody remember Air America? The free market will not support this now leftist company, sadly Soros can afford it.
Good point. Selective enforcement (when there is any enforcement) seems to rule the roost these days.
The Nazi/ commie play book has always included taking control of the mass media
Goebbels used it to very great effect
The FCC will approve with glee. Say goodbye to any local personalities, and stations, say goodbye to your Cume.
Doubtful he’d aste money doing that when it’s all but dead anyhow.
I wonder what jollies crooked b@$t@rd Soros gets out of it? Can someone tell me, I would appreciate it.
noting that the old Nazi isn’t taking over the local hair salon or dog walking service
he’s going straight for our society’s information channels (which he can easily convert into leftist propaganda media)
Clear Channel/Iheart did that long ago.
“ His goal is to shut down right-wing media.”
Yes. Cumulus has some of the top conservative talk stations - KSFO in San Francisco, WMAL in DC, KABC in LA, WLS in Chicago, KCMO in Kansas City, WJR in Detroit, WFAS in Westchester (NYC), and a score of other talk stations in smaller markets.
Since Rush was taken from us I began listening to podcasts and youtube.
Can we say William Randolph Hearst? He also controlled the liberal media and used it as a weapon.
wy69
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