Democrats on FCC approve Soros' purchase of 200+ radio stations without national security review of foreign cashSoros' son appears to be one of the four people who will be pulling the strings.
Joseph MacKinnon
September 30, 2024
The Democrat-controlled Federal Communications Commission has officially given leftist billionaire George Soros what he wanted: effective control and foreign ownership of over 200+ American radio stations ahead of the 2024 election — including stations that presently run shows from Glenn Beck, Mark Levin, Erick Erickson, Sean Hannity, and Dana Loesch.
While some initially cast doubt on whether Audacy will be actually controlled by Soros, the FCC's Monday memo reveals a Soros entity will hold a "controlling, attributable interest in the reorganized company, holding 57% or greater" of Audacy.
All three Democratic appointees on the FCC supported the final decision both to approve the assignment of licenses previously under the control of a Texas bankruptcy court to the reorganized Audacy and to spare the company from having to comply with Section 310(b)(4) of the Communications Act, which prohibits foreign owners from having a stake in a radio station license exceeding 25%. ...
The Blaze