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Billionaire Soros Attempts Leftist Takeover of Radio Network

Dressed up as a bankruptcy bailout, Soros' potential takeover of Audacy is an almost guaranteed woke takeover of the radio network.

Here we go again—George Soros, the Democrat billionaire philanthropist, is making a play that could have significant implications for the radio waves across America. As he tries to grab the reins of the nation’s second-largest radio network, Audacy, just in time for the 2024 Presidential Election, it’s clear this isn’t just about business; it’s about influence. Audacy, a major platform for conservative voices like Sean Hannity, Dana Loesch, Mark Levin, and Glenn Beck, finds itself potentially under the control of a man whose name is synonymous with liberal causes and media manipulation.

Soros’s fund snatched up a hefty $400 million of Audacy’s debt as it crawled out of bankruptcy. What’s more concerning is that Soros now needs a nod from the FCC—controlled largely by Democrats—to finalize this acquisition. Why? Because the funds used hail from foreign shores, and under current laws, foreign ownership in U.S. radio stations can’t exceed 25%. Yet, Soros is pushing for an exemption. It’s a clear sign that he’s not just playing the game—he’s trying to set the rules.

Republican sources are rightfully alarmed, suggesting that Soros could sway the network’s traditionally conservative content. FCC Commissioner Brandon Carr and Congressman Chip Roy have both raised concerns about bending the rules for Soros’s convenience. Carr rightly points out that no shortcuts should be made for a deal of this magnitude, insisting on a full and thorough review rather than any “special Soros shortcut.”

This isn’t Soros’s first rodeo in mainstream media either. Remember his moves in 2022, with significant investments in liberal strongholds like Univision and Crooked Media, and last year’s purchase of the far-left Vice Media. These aren’t just investments; they’re strategic placements in the media landscape, shaping narratives and potentially swaying public opinion as we head into another election cycle.

Let’s call this what it is: a potential coup of conservative airwaves, dressed up as a bankruptcy bailout. If Soros succeeds with the help of an FCC exemption, what we listen to on the radio could change, aligning more closely with his political and ideological preferences. This isn’t just about owning stations; it’s about owning the conversation. And in a time when media influence has never been more potent, allowing this shift under the guise of regulatory exemptions would not only be irresponsible—it would be a disservice to the public and the principles of media diversity and independence.

Robert Chernin

Robert Chernin

Robert B. Chernin has brought his years of political consulting and commentary back to radio. As a longtime entrepreneur, business leader, fundraiser and political confidant, Robert has a unique perspective with insights not heard anyway else. Robert has consulted on federal and statewide campaigns at the gubernatorial, congressional, senatorial, and presidential level. He served in leadership roles in the presidential campaigns of President George W. Bush as well as McCain for President. He led Florida’s Victory 2004’s national Jewish outreach operations as Executive Director. In addition, he served on the President’s Committee of the Republican Jewish Coalition. Robert co-founded and served as president of the Electoral Science Institute, a non-profit organization that utilizes behavioral science to increase voter participation and awareness. Robert can be heard on multiple radio stations and viewed on the “Of the People” podcast where you get your podcasts.