George Soros Buys 220 Radio Stations Ahead Of 2024 Election

Billionaire George Soros has purchased $400 million of debt in Audacy, the 2nd largest US radio broadcaster.

The purchase gives Soros access to 220 radio stations across the country.

The purchase has stoked fears in many that the left-leaning billionaire will use his newfound control over radio stations to try and influence the 2024 election.

George Soros fund poised to take control of nation's second-largest chain of radio stations: 'This is scary'. 220 radio stations…. https://t.co/o6TtAXqny2 via @nypost

— Tom Fitton (@TomFitton) February 15, 2024

The New York Post shares more on the story:

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.

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.

This is something that more people need to be talking about.

Soros has always sought to control the narrative, and now he can do so much more effectively:

George Soros will now be in control of 220 radio stations after paying $400 million in debt from Audacity

Here is just a small sample of that: pic.twitter.com/GU290EHhtc

— End Wokeness (@EndWokeness) February 15, 2024

🇺🇸SOROS TAKING OVER U.S. RADIO?

George Soros, via Soros Fund Management, edged closer to securing a majority stake in Audacy, the U.S.'s second-largest radio broadcaster.

The possibility of Soros controlling over 220 stations has insiders alarmed about its impact on public… pic.twitter.com/Cxm28PpFrp

— Mario Nawfal (@MarioNawfal) February 15, 2024

The Washington Times shares more:

“Although not a majority, [that] could yield effective control of the media giant when it emerges from bankruptcy,” the Post wrote.

A Republican insider “close to the situation” told the Post that Mr. Soros could be making the election-year purchase in a bid to influence public opinion.

“This is scary,” the source said.

Audacy owns more than 220 stations across the country and in almost all major markets.

It filed for bankruptcy on Jan. 7 with almost $2 billion of debt, and its Chapter 11 plan will likely wipe out the value for its current shareholders.

The proposal requires court approval, and a hearing on the deal is set for Tuesday in a federal bankruptcy court in Houston.

Only time will tell whether George Soros utilizes these radio stations against President Trump.