Audacy will head to bankruptcy court after months of delays …
WEB10 hours ago — Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy version of the radio giant, a move that comes after months of delays ...
George Soros-Backed Group Wins FCC Approval for Audacy …
WEB14 hours ago — Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded by billionaire George Soros, paving the way for the company to emerge ...
Soros-backed group gets OK to acquire licenses for Audacy stations
WEB12 hours ago — Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded by billionaire George Soros, paving the way for the company, which owns ...
Soros-led takeover of Audacy gets FCC approval despite opposition
WEB12 hours ago — The Federal Communications Commission on Monday approved the transfer of Audacy's business licenses to a group of creditors that includes a firm led by billionaire George Soros. The FCC ruling ...
WEEI's bankrupt owner Audacy gets FCC approval to transfer …
WEB1 day ago — PUBLISHED: September 30, 2024 at 7:31 p.m. Facing major pushback, the FCC has given the greenlight for WEEI’s owner Audacy to transfer its licenses to a George Soros-backed nonprofit, as the ...
FCC Partisan Rift Grows Deeper Over Audacy Restructuring Vote
WEB17 hours ago — 0. The FCC has approved a reorganized Audacy, and, as expected, the vote followed party lines, with Democratic Commissioners voting 3-2 in favor of the restructure. The deal raised controversy ...
FCC Approves Audacy's Exit From Bankruptcy - Radio World
WEB14 hours ago — Philadelphia-based Audacy sheds about 80% of its debt through the process, down to $350 million, according to bankruptcy court filings. Soros Fund Management will command at least 40% of the stock in the new Audacy, according to the company. The fund is directed by Alex Soros, son of George Soros, the businessman, philanthropist and liberal ...
George Soros fund tightens grip over US radio waves after …
WEBApr 9, 2024 — 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.
Audacy Gets Court Approval to Exit Bankruptcy, Hand Ownership …
WEBFeb 20, 2024 — Existing shareholders will be wiped out while high-ranking creditors, including the investment firm founded by billionaire George Soros, will be repaid with stock in the restructured company.
George Soros fund set to become largest shareholder in radio giant Audacy
WEBFeb 22, 2024 — Radio and podcasting giant Audacy Inc. has received court approval to emerge from bankruptcy, with hedge-fund billionaire and philanthropist George Soros's investment fund on track to...
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