Boston Hearld
Facing major pushback, the FCC has given the greenlight for WEEI’s owner Audacy to transfer its licenses to a George Soros-backed nonprofit, as the company emerges from bankruptcy.
The FCC’s approval on Monday came about seven months after U.S. Bankruptcy Court for the Southern District of Texas OK’d Audacy’s reorganization plan — which included Soros’ investment firm becoming the biggest shareholder of Audacy. Soros is the billionaire backer of Democratic politicians and causes.
The company’s reorganization plan is slicing more than $1.6 billion of Audacy’s debt — an 80% cut from $1.9 billion to $350 million. Audacy has more than 200 local radio stations, including WEEI, which has seen a major drop in ratings over the last several years.
The decision from the FCC on Monday was opposed by two commissioners, who blasted the license transfer timeline. More
Let’s see,
Just how smart do I have to be in order to see which side our government is on when it comes to WE THE PEOPLE???
Why can’t we send George Soreass back to Hungary and let the Hungarians deal with the Nazi bastard.
Non-comercial stations? Will anybody even be able to tell the difference?
Gee, I wonder if the FCC would approve Trump Media to buy 200 radio stations in an expedited fashion at fire sale prices a little more than a month away from the general election? This is a rhetorical question because as jellybean pointed out, we know what side “our” govt. is on and it ain’t our side. It shouldn’t be either side in a perfect world.
WHY IS GRORGE SOROS STILL ALIVE AT 93 YO WHILE TRUMP SURVIVES 2 ASSASSINATION ATTEMPTS?
^^^ rhetorical question
Just remember, it’s his progeny that will need to be taken out when WW3 starts. Along with the Enemedia, of course.
Stopped listening to radio a long time ago when it was overrun by shit music.
Another worthless cocksucker that desperately deserves a feet first ride through a woodchipper.
It’s not enough for them to own the broadcast media, print media, education system, Hollywood and the courts. They have to own EVERYTHING and still will not be satisfied.
I listen to the radio in the car. I listen to the radio as I go to sleep. I also rest my buggy whip on another radio….Didn’t Direct TV just by up all of the radio stations and buggy whip manufacturers?…
200?, is that how many he can fit up his ass at once?
It’s definitely a valid concern! The timing of such a significant acquisition so close to an election raises questions about media influence and fairness. It seems like the regulatory environment often reflects deeper political dynamics rather than truly serving the public interest. Ideally, the government should remain neutral and ensure a level playing field for all voices in media.
“FCC approval” – shorthand for “The checks cleared”.
MRSA: Making Radio Shitty Again!
The FCC can’t say no to their owner.
This is commies supporting commies. The revolution is all and all is revolution. If they disarm us we are finished… forever. We are nearing the point where we will have to stand against them or be disarmed. We can do nothing about the underlying corruption and criminality but we MUST hold the line regarding private ownership of firearms. We would be better served to remove most of the unconstitutional and malicious regulation that hamstrings our second amendment rights now, though this will be difficult to do in the face of the tyranny we currently oppose.