Tag: Soros Fund Management

Soros Fund Sets Its Sights on a New Target – America’s Airwaves

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George Soros

An investment firm founded by billionaire George Soros is looking to ramp up its influence over a key slice of American broadcasting.

Soros Fund Management, which is controlled by Open Society Foundations (OSF), has made multiple high-profile media acquisitions over the past two years and, according to sources familiar who spoke with Semafor, is in discussions to purchase even more. Roughly one-third of all media consumed in the United States is in the form of audio and about half of Americans still listen to the radio when traveling in their cars.

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The Soros Empire Expands Its Reach into Media with Latest Radio Acquisition

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Radio Studio

Earlier this month, the investment firm founded by George Soros acquired over $400 million worth of debt owed by the nation’s second-largest radio network in a ploy to gain a stake in the media conglomerate, the latest in a series of media-related moves made by organizations tied to Soros.

Soros Fund Management has acquired over $400 million worth of debt owed by Audacy, the nation’s second-largest network of radio stations, bankruptcy filings show. Soros and entities linked to him have previously poured money into local news operations, funded the acquisition of newspapers, purchased other radio stations and bankrolled pro-Democrat news websites.

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