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 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.
Audacy on Monday shared that it completed its financial restructuring, successfully reducing its approximately $1.9 billion ...
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
Audacy will continue under the leadership of David Field as President and CEO. Field will also serve on the company’s new ...
We are pleased to have successfully achieved all of our restructuring goals, emerging with an outstanding balance sheet, ...
The U.S. House Oversight Committee is investigating why the Federal Communications Commission fast-tracked a deal that ...
Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...
Audacy on MSN5h
Khalid talks music, kindness, friendship, mental health and more at Audacy’s 'We Can Survive'Hanging backstage in the Hard Rock Artist Lounge ahead of his performance at Audacy’s ‘We Can Survive’ 2024, Khalid chatted ...
Press play for the latest from Lady Gaga, Luke Bryan, The Cure, Tommy Richman, Alex Warren, Linkin Park, and more this week ...
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