EXCLUSIVE: GOP Rep. Presses FCC Over George Soros’ Takeover Of Second-Largest Radio Company In U.S.

Hungarian-born US investor and philanthropist George Soros addresses the assembly on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on May 24, 2022. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)

New York Republican Rep. Nick Langworthy sent a letter Monday to the Federal Communications Commission (FCC), calling on them to investigate liberal billionaire George Soros’ purchase of Audacy, Inc., the nation’s second-largest radio company that holds hundreds of local radio stations.

The Daily Caller first obtained a copy of the letter, in which Langworthy says it is the FCC’s role to regulate radio communications and make sure this does not further Soros’ efforts to control the media and flood local radio with far-left ideology. He calls for the FCC to ensure the protection of consumers and reaffirm the critical role of local radio.

Semafor reported Sunday that Soros’s firm, which is now controlled by Open Society Foundations (OSF), has been investing in radio heavily in the last few years, becoming the largest shareholder in Audacy in February. The outlet reported that Audacy is the second-largest radio company in the U.S. that has over 230 stations.

Audacy announced in February that it was undergoing a restructuring program intended to grant equity stakes to debt holders. This arrangement would be subject to a judicial review, according to the company. Soros’ organization has established a pattern of acquiring media platforms, including radio shows and podcasts. Soros’ son, Alex, assumed the position of chair of OSF in Dec. 2022.

READ THE LETTER HERE:

(DAILY CALLER OBTAINED)– N… by Henry Rodgers

“George Soros’ purchase of Audacy is another step in his effort to choke American radio with his own agenda. It threatens not just the diversity of viewpoints on the airwaves, but it also has the potential to stifle local news and community-based reporting,” Langworthy told the Caller before sending the letter.

“The FCC needs to take a serious look so we can safeguard our local stations and preserve our freedom of expression,” he added.