After acquiring the third largest radio network in the US, which has 220 radio stations that cater to 200 million listeners, George Soros is setting his sights on the second largest radio network in America.
Back in February, we reported on the takeover by Soros of the second third largest radio network:
220 radio stations, 200 million listeners, one radical billionaire.
Mornings in Northeastern Pennsylvania start on WILK-FM with ‘The Bob Cordaro Show’ described as “convincingly conservative, lovingly logical, proudly and passionately patriotic and reliably right”. And then eventually other conservatives, including Ben Shapiro, come on the air.
But that may be about to change.
WILK is one of a number of Pennsylvania stations owned by Audacy (five in Philadelphia alone), the second largest radio broadcaster in America and it, along with over 200 radio stations across the country, is about to fall into the hands of George Soros in time for the 2024 election..
After Audacy was forced to file for Chapter 11 bankruptcy, Soros Fund Management bought hundreds of millions of its debt for 50 cents on the dollar and under a bankruptcy agreement will become its largest shareholder with a potential impact on much of the country and its politics.
Audacy claims to be able to reach 200 million people across the range of its properties which include sports, music and talk radio stations, as well as a large digital platform, and while Audacy is not an inherently conservative company, it owns a number of talk radio stations and the talk radio format caters to commuters, early risers and working people which is to say conservatives. And the Soros takeover will give one of the biggest funders of leftist extremism control over not only conservative talk radio stations but those that are, like WILK, in swing states. That includes two other stations in Pennsylvania and many others across the country.
While business is business and the Hungarian immigrant made a fortune as a shrewd investor, radio is not a booming market and there is a pattern here that goes back to 2022 when Soros took over Radio Mambi, a conservative Hispanic radio station in Florida, as part of a network that would give him access to a third of Hispanics in the country.
Now, it seems he is ready for the next step. The New York Post reports:
Soros Fund Management, founded by billionaire investor George Soros, is tightening its grip over the US radio industry after scooping up a majority stake in bankrupt radio company Audacy.
The fund’s February investment in Audacy — the second-largest radio firm in the US behind iHeartMedia — potentially marks the beginning of a larger audio-buying spree, three people who have been involved in discussions with Soros executives told Semafor.
In those talks, Soros’ fund, which is now controlled by the magnate’s nonprofit organization, Open Society Foundations, has privately mulled acquiring other major radio companies, including AM and FM giant Cumulus Media, according to Semafor.
So, why this move?
In addition, in September 2022, Soros also invested an undisclosed amount in liberal podcast network Crooked Media, Semafor reported, which is home to the popular “Pod Save America,” which averages upwards of 1.5 million listeners per episode.
That same year, a Soros-backed firm played a key role in Univision’s $60 million sale of 17 Hispanic radio stations to a company run by veterans of Democratic politics, per Semafor.
They want to propagandize Hispanics, as well as the rest of the population.
Why all of this has not been challenged under anti-monopoly laws is beyond me, except that Soros has probably bribed many in Congress for silence. All the takeover in February has done is embolden Soros in his criminal enterprise.
Article posted with permission from Sons of Liberty Media
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Author: Tim Brown
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