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George Soros fund poised to take control of nation’s second-largest chain of radio stations: ‘This is scary’

George Soros is poised to take a massive stake in the nation’s second-largest radio company, which owns more than 220 stations nationwide, according to court filings and sources close to the situation.

The left-leaning billionaire’s 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.

One insider close to the situation, noting that he was a Republican, said he believed it was possible Soros was buying the stake to exert influence on public opinion in the months leading up to the 2024 presidential election.

“This is scary,” the source said.

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Sources told The Post that Soros’s stake is equal to about 40% of the company’s senior debt — a massive chunk which, although not a majority, could yield effective control of the media giant when it emerges from bankruptcy.

5 thoughts on “George Soros fund poised to take control of nation’s second-largest chain of radio stations: ‘This is scary’”

  1. How many hispanic station are in this group? Forget the english radio- everyone knows that radio is DEAD.
    However, the hispanics still isten to thier stations closely. This is all about propaganda.

  2. lol Nobody cared when Sinclair purchased the majority of local television affiliates and nearly monopolized local news, but this company wants to buy a bunch if dying radio stations and it’s a full blown panic

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