The George Soros radio deal that has the GOP in uproar
George Soros, the “kingmaker of chaos,” has done it again.
Weeks before the 2024 election, the Democratic megadonor has notched a victory in his endless pursuit to gain influence over the news media landscape in the United States. In a 3-2 vote sending shockwaves throughout the Republican Party, the Federal Communications Commission in September allowed a nonprofit group funded by Soros to take control over radio giant Audacy after the company went bankrupt.
The deal places the Soros family, namely Alex Soros, the 38-year-old son of George Soros, at the top of a media empire that houses more than 200 radio stations. Alex Soros sits on the board of the Fund for Policy Reform, the group now overseeing Audacy through a labyrinth of corporations. The four-person board of trustees also includes Soros spokesman Michael Vachon, attorney Maryann Canfield at Soros Fund Management (the firm that bought Audacy’s debt), and Leonard Benardo, a top staffer for the Soros-backed Open Society Foundations philanthropy empire.
But, in the telling of Republicans on Capitol Hill and within the FCC’s ranks, as well as top conservative media insiders who spoke with the Washington Examiner, the Audacy deal is a big sham.