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Soros-led takeover of Audacy gets FCC approval
Soros-led takeover of Audacy gets FCC approval despite opposition
Audacy can emerge from bankruptcy — and expects to do so within days — after gaining FCC approval Monday. The Federal Communications Commission on Monday approved the transfer of Audacy's business licenses to a group of creditors that includes a firm led by billionaire George Soros.
FCC Approves Plan That Allows Audacy to Exit Bankruptcy
The FCC has approved the plan of Audacy, the second-largest radio company in the United States by revenue, to exit Chapter 11 bankruptcy reorganization.
FCC Approves Audacy’s Post-Bankruptcy Vote In Split Vote
The FCC, as expected, has approved of Audacy Inc.'s plan to emerge from debtor-in-possession status — a move that makes Soros Fund Management the controlling interest holder in the audio content creation and distribution company founded by the Field family.
7h
on MSN
Audacy will head to bankruptcy court after months of delays fueled by GOP allegations over Soros’ stake in radio giant
Radio network Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately ...
Axios on MSN
9h
Audacy to emerge from bankruptcy as a private company
Radio and podcast giant Audacy has emerged from Chapter 11 bankruptcy protection following the approval of a transfer of its ...
7h
WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit
WEEI’s bankrupt owner Audacy gets FCC approval to transfer licenses to George Soros-backed nonprofit: ‘The Commission’s ...
17h
FCC approves radio license transfers to allow Audacy to exit bankruptcy
The Federal Communications Commission said Monday it had voted to approve the transfer of radio station licenses to allow ...
12h
Soros-backed group gets OK to acquire licenses for Audacy stations, including in Detroit
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
Radio Ink
8h
FCC Partisan Rift Grows Deeper Over Audacy Restructuring Vote
The FCC has approved a reorganized Audacy on a 3-2 vote, enabling the company to emerge from Chapter 11 bankruptcy.
RBR
19h
NAB ‘Pleased’ Of FCC’s Audacy Post-Bankruptcy Plan OK
"While we do not take a position on the merits of this or any particular broadcast transaction, it is essential that the ...
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