Leftist billionaire George Soros has reportedly acquired a massive stake in America’s second-largest radio company, igniting concerns about potential influence ahead of the 2024 election.
Soros Fund Management purchased $400 million of bankrupt radio company Audacy’s debt or about a 40% stake in the company, the New York Post reporters Josh Kosman and Ariel Zilber unveiled on Wednesday. According to the Post, citing bankruptcy filings, Audacy is “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.” Notably, Audacy features or streams at least 16 powerful 50,000-watt radio stations, which means that their coverage is especially widespread.
The Soros purchase may implicate the following 50,000-watt radio stations, as described by RadioStation.info: WVEE Atlanta,…
