Republican FCC Commissioner Brendan Carr has voiced significant concerns regarding the recent fast-tracking of a deal that would transfer ownership of more than 200 radio stations to the Soros Management Fund.
During a hearing with the House Oversight and Accountability Committee, Carr discussed the unusual process the Federal Communications Commission (FCC) used to expedite the sale, raising questions about transparency and adherence to standard procedures.
The sale involves the transfer of ownership of radio stations previously owned by the bankrupt media company Audacy, Inc. to the Soros-backed group. Rep. Nick Langworthy (R-NY) began the exchange by referencing a letter he had sent to the FCC on April 8, 2024, urging a thorough review of the sale. “Can you give me a status update on the proceedings as they relate to the transfer of ownership of Audacy Inc. to the Soros Fund Management Company?” Langworthy asked.
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