Leftist Billionaire Soros to Take Control of Audacy, America’s 2nd-Largest Radio Chain

Posted by on in , , | Leave a response

By Bob Hoge | 7:00 AM on February 15, 2024

The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com.

One of my favorite lines in movie history—full disclosure, I love silly comedies—is when Leslie Nielsen, portraying the unbelievably inept Lt. Frank Drebin in 1988’s “The Naked Gun,” stands in front of a flame-engulfed fireworks store as massive explosions burst around him and loudly declares, “All right—move along—nothing to see here!  Please disperse! NOTHING TO SEE HERE!” 

That’s how I feel when I read that ultra-left-wing billionaire George Soros is preparing to take a massive stake in the nation’s second-largest chain of broadcast radio stations, the currently bankrupt “Audacy.” Even though the move hasn’t attracted a ton of attention, it’s anything but funny, as the financier is likely to exert his influence over the network to promote his anti-American socialist viewpoint.

He’s pumped in over $400 million to the effort:

George Soros is poised to take a massive stake in the nation’s second-largest radio company, which owns more than 220 stations nationwide, according to court filings and sources close to the situation.

The left-leaning billionaire’s Soros Fund Management has bought up $400 million of debt in Audacy — the No. 2 US radio broadcaster behind iHeartMedia with stations including New York’s WFAN and 1010 WINS, as well as Los Angeles-based KROQ, according to bankruptcy filings.

One insider close to the situation, noting that he was a Republican, said he believed it was possible Soros was buying the stake to exert influence on public opinion in the months leading up to the 2024 presidential election.

“This is scary,” the source said.

https://nypost.com/2024/02/14/business/george-soros-poised-to-control-audacy/

Soros is no stranger to controversy and seems to revel in ruffling feathers. Although some on the left contend that any criticism of him constitutes antisemitism, the truth is his Jewish background has nothing to do with why many on the right consider him a danger to society. I and many other critics have zero interest in his religion—it’s his actions we deplore.

READ MORE HERE