FCC, Soros and Audacy
The major radio company Audacy Inc. fell into financial straits, but through a complex business deal Democratic mega donor ...
Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded ...
WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit: ‘The Commission’s ...
Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...
Audacy can emerge from bankruptcy — and expects to do so within days — after gaining FCC approval Monday. The Federal ...
The decision has drawn criticism from Republicans, who say the FCC broke with established procedure to push the deal through.
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.