https://www.breitbart.com/politics/2024/02/14/george-soros-set-control-second-largest-chain-radio-stations/
Billionaire and left-wing philanthropist George Soros has been buying up debt to acquire a controlling stake in the second-largest radio broadcaster in the country, Audacy.
Court filings and sources close to the situation told the New York Post that 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.”
Soros could than have control of more than 220 radio stations nationwide. One Republican insider close to the situation told the outlet that Soros could be trying to have media outlets to potentially influence public opinion during the 2024 election.
“This is scary,” the source said.
Should Soros prove successful, he will likely have a 40 percent stake in the company’s senior debt, which would give him strong control of the company when it emerges from bankruptcy. He will not have a majority.