This comes after the radio company filed for bankruptcy on January 7th after compiling $1.9 billion of debt. Under the current chapter 11 bankruptcy plan for Audacy, shareholders who have a stake in the company will be taken off

George Soros To Take Control Of America’s Second-Largest Chain Of Radio Stations

By News on the Net -- OAN One America News—— Bio and Archives--February 14, 2024

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The left-leaning billionaire George Soros will be purchasing the second-largest radio company in America, according to court filings and sources close to the situation.

The Soros Fund Management has bought up $400 million of debt in Audacy, which owns over 220 radio stations across the country. ---More...

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