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Audacy, the radio and podcast giant, it filed plans for Chapter 11 bankruptcy protection to reduce its debt. The restructuring agreement will allow Audacy to slash its total debt load by 80% to about $350 million from around $1.9 billion ... Audacy , the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash its total debt load by 80% to about $350 million from around $1.9 billion ... The Philadelphia-based company owns hundreds of radio stations and is one of the...

The left-leaning billionaire George Soros will be purchasing the second-largest radio company in America, according to court filings and sources close to the situation. The Soros Fund Management has bought up $400 million of debt in Audacy, which owns over 220 radio stations across the country. According to a Republican insider that spoke to the New York Post, he believes it was possible Soros was buying the stake to help influence public opinion for the months prior to the 2024 presidential election.

The following is based on a report by Cliff Kincaid for Accuracy in Media. The New York Times is quoting a spokesman for George Soros as saying that the well-known hedge fund operator is guilty of no wrong-doing in connection with the financial upheaval currently affecting Greece and Europe as a whole. But Zubi Diamond, author of the powerful new book, Wizards of Wall Street, says the agenda of Soros and other short sellers is clear. Their purpose, he says, is “to loot America and any foreign country which invested in America. Greece was one of them. Iceland was ravaged...

A curious finding emerged in the latest 13F by Soros Fund Management, the family office investment vehicle managing the personal wealth of George Soros. Actually, two curious findings: the first was that the disclosed Assets Under Management as of December 31, 2013 rose to a record $11.8 billion (this excludes netting and margin, and whatever one-time positions Soros may have gotten an SEC exemption to not disclose: for a recent instance of this, see Greenlight Capital's Micron fiasco, and the subsequent lawsuit of Seeking Alpha which led to the breach of David Einhorn's holdings confidentiality). The second one is that...