Showing posts with label Radio Station. Show all posts
Showing posts with label Radio Station. Show all posts

Saturday, June 22, 2024

George Soros Radio Stations Takeover?

FCC's Carr to Newsmax: Sound Alarm on Soros Radio Takeover Bid

"Brendan Carr, one of two Republican members of the five-member Federal Communications Commission, warned Thursday on Newsmax about an effort by a foreign company founded by liberal billionaire George Soros that is seeking to fast-track the purchase of more than 200 radio stations in the U.S.

In February, Soros Fund Management reportedly purchased $400 million of debt in Audacy, which is the No. 2 U.S. broadcaster behind iHeartMedia. Audacy, which owns more than 220 stations nationwide and reaches 165 million monthly listeners, features a number of conservative shows from hosts that include Erick Erickson, Sean Hannity, Mark Levin, and Dana Loesch.

FCC rules prohibit giving a radio station license to a company if more than 25% of its controlling interest is held by a foreign individual, government, or entity.

To assume control of Audacy, the FCC would need to make an exception for Soros Fund Management."

Read about it...

Sunday, May 9, 2021

Democrats now trying to make FCC political

Dems Want FCC to Block Conservative Co.’s Radio Station Deal after Firing of Clinton Fundraiser

Democrats in Congress want the Federal Communications Commission (FCC) to block the sale of a tiny south Florida radio station because the new owner fired a Hillary Clinton fundraiser who once served as mayor of a local city.

The politician turned radio host, Raul Martinez, was the Spanish-language station’s top host before a conservative media conglomerate bought it and changed the liberal-leaning programming.

The deal received sparse local media coverage but earned national attention when lawmakers in Washington D.C. asked a federal agency to reject the sale for what appears to be political reasons.

Read about it... and how Democrats continue to try and suppress conservatives.