Soros buying up hundreds of radio stations in USA

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George Soros is poised to take a massive stake in the nation’s second-largest radio company, which owns more than 220 stations nationwide, according to court filings and sources close to the situation.

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The left-leaning billionaire’s Soros Fund Management has bought up $400 million of debt in Audacy — the No. 2 US radio broadcaster behind iHeartMedia with stations including New York’s WFAN and 1010 WINS, as well as Los Angeles-based KROQ, according to bankruptcy filings.

https://nypost.com/2024/02/14/business/george-soros-poised-to-control-audacy/

Soros Economic Development Fund Invests in Race and Gender Equity
Its investment strategy—the first of its kind in the field—involves taking stakes in other impact investment funds, and then providing long-term, evidence-based coaching to those fund managers to mitigate and reduce their implicit biases that work against businesses owned by people of color and women.

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https://www.soroseconomicdevelopmentfund.org/newsroom/soros-economic-development-fund-invests-in-race-and-gender-equity

h/t Entwife


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