The Democratic-controlled Federal Communications Commission has officially given left-wing billionaire George Soros what he wanted. It would give effective control and foreign ownership of more than 200 American radio stations (including those that currently run their programs) ahead of the 2024 election.
glenn beck, mark levinErik Erickson, Sean Hannity, Dana Loesch.
While some initially questioned whether Audacy would actually be controlled by Soros, the FCC's Monday memo revealed that Soros' companies had a “controlling vested interest in Audacy's reorganized company, or more than 57% of Audacy.” revealed that it owns
All three Democratic appointees to the F.C.C.
final decision Section 310(b) of the Communications Act authorizes the transfer of licenses that were under the custody of the Texas Bankruptcy Court to a reorganized audacity and prohibits foreign owners from owning the licenses. (4), both to eliminate the need for the company to comply with clause (4). The investment ratio of radio station license exceeds 25%.
FCC Commissioner Brendan Carr, appointed by President Trump
said “The commission's decision today is unprecedented,” the statement of opposition said.
“The commission voted to approve the transfer of broadcast licenses, let alone the transfer of broadcast licenses for more than 200 radio stations across more than 40 markets, without following the requirements and procedures codified in federal law. This has never happened before,” Carr continued. “Not just once.”
Kerr previously spoke to the nationally syndicated radio host and co-founder of Blaze Media. glenn beck“Foreign ownership of U.S. radio stations cannot exceed 25%, but Soros accepts foreign investment, submits bids, and then asks the FCC to make an exception to the normal review process. I asked for it.”
“Who controls FPR?” Well, Google it.
“The FCC that we set up has a very clear process that can take six months or a year to complete.” [the national security] “We should review the foreign ownership at issue here,” Kerr told Beck. “But for reasons that are a little incomprehensible to me, the FCC…for the first time in history, cut out that process in the interests of this Soros-backed country,” the group said. ”
In his dissenting statement Monday, Carr said the applicants have provided the FCC “virtually no information about their plans to block unvetted foreign interests.”
Carr and another Republican appointee to the FCC, Nathan Symington, said he was shocked by his Democratic colleagues' willingness to move quickly through the deal without bothering to investigate which foreign interests were involved. received.
write:
Ignoring the concerns of foreign capital, the Commission, intent on fast-tracking its billion-dollar broadcast media restructuring, annually imposes or reimposes foreign sponsor identification rules on the smallest independent broadcast license holders. This is the same committee that has returned to the well again and again to learn more. Time to broadcast local church content. I'm just saying.
Despite years of raising concerns about foreign interference, Democrats don't seem to care one bit.
Of the three committee members who gave the go-ahead for the deal, Chairman Jessica Rosenworcel said:
proposed He said everything was normal and it was business as usual, adding: “It would be cynical and wrong to suggest otherwise.”
Apparently Mr. Symington is in the cynical minority who still value long-standing laws and the FCC Treaty, but the reorganized Audacity will be managed by Laurel Tree Opportunities Corporation, and the LTOC will be managed by Laurel Tree Opportunities Corporation. He pointed out that the company will own and control the majority (over 57%) of the voting shares. Reorganized company.
“Who controls the LTOC? It's not a particularly complex structure: the Policy Reform Fund. And who controls the FPR? Well, Google it,” Simington writes.
of
policy reform fundLTOC owns 100% of the voting power and equity interest in FPR Capital, which was founded in 2009 and is affiliated with George Soros' Open Society Foundations, and is LTOC's sole voting shareholder, according to the FCC's Monday memo. are.
“This reckless and unprecedented action will impact radio stations reaching millions of listeners across the country.”
The Policy Reform Fund is managed by a four-member board of trustees. Alexander Soros is the heir to the Soros empire and chairman of the Open Society Foundations. Leonard Bunchon.
marian canfieldOSF's asset manager. and Michael Vachon of Soros Fund Management, a longtime mouthpiece for left-wing billionaires.
One week before Alexander Soros secures greater narrative control over America's airwaves
hosted Kamala Harris' running mate, Minnesota Governor Tim Walz, at his New York City apartment.
Representative Chip Roy (R-Texas) Office
said “This reckless and unprecedented action will impact radio stations that reach millions of listeners across the United States, handing over our airwaves to foreign interests.”
Mr. Roy, Sen. Ted Cruz (R-Texas), and Rep. Nick Langworthy (R-New York) have in recent months actually discussed Soros' apparent strategic bid to gain discursive advantage. He was one of the only members of Congress from the nation's capital to speak.
Roy personally
noticed This FCC action highlights why the November election “is so important: We need it.” [President Donald Trump] Put the right people at the FCC and stop this takeover! ”
Dana Roesch is one of the conservative voices whose voices on radio may soon be silenced.
I wrote“Being a wealthy Democrat means that the Democratic Party exempts you from laws that restrict sales to foreign companies. Marxists will never obey laws that require them to obey others.”
Mike Davis of the Article III project
proposed“A federal court must immediately block this illegal legal transaction.”
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