FCC Approves Expedited Sale of More Than 200 Radio Stations to George Soros’s Investment Firm

Hungarian–American billionaire and major Democratic Party donor George Soros will buy a stake in the media company Audacy, giving his investment firm control over more than 200 radio stations across 40 markets just ahead of the presidential election.

Republicans have criticized the Federal Communications Commission’s review process for the sale, with one Republican-appointed FCC commissioner saying the acquisition is in violation of federal law.