Soros Targets American Airwaves In Radio Takeover

In a move that is sparking concern among conservatives and free speech advocates, far-left globalist billionaire George Soros, acting through his investment firm Soros Fund Management, has acquired a significant stake in Audacy, the nation’s second-largest radio network. The takeover would give Soros significant new media leverage ahead of the 2024 elections.

Soros Fund Management took over Audacy by assuming more than $400 million of the firm’s debt. This acquisition is part of a broader trend where entities linked to Soros have been increasingly investing in the media sector. Soros’s involvement in mass media is extensive and well-documented, from purchasing radio stations to funding pro-Democrat news websites.

Audacy owns over 200 radio stations nationwide. The financially troubled company is now undergoing a restructuring arrangement under the supervision of a federal bankruptcy court that could see debt holders, including Soros, converting their debt into equity stakes. The plan could relieve the broadcaster from its debt burden but would grant Soros significant influence over its operations and content through a newfound ownership interest.

The involvement of Soros in the media landscape is not new. His philanthropic arms have injected millions into local news operations and organizations that purportedly promote “racial equity and inclusion” in newsrooms. However, the acquisition of a significant stake in a major radio network like Audacy marks a significant escalation in his media ambitions.

This move comes as the radio industry faces challenges from digital platforms, with younger audiences increasingly turning away from traditional radio. However, the reach and impact of radio, particularly in rural and conservative areas, remain substantial. By acquiring a significant stake in Audacy, Soros could potentially reshape the content and bias of a medium that has traditionally been a bastion for conservative voices.

Moreover, this acquisition is part of a pattern where Soros-backed entities have taken control of various media outlets. Last summer, Soros joined lenders to take over bankrupt Vice Media, and his organizations have been involved in purchasing news publications and supporting left-leaning news operations. These actions point to a deliberate strategy to influence the media landscape in the United States.