Current Events > Another Reason for Conservatives to Fear Soros

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Humble_Novice
02/15/24 11:17:51 PM
#1:


http://tinyurl.com/2vpjp8hf

George Soros investment firm is expected to become the largest shareholder of Audacy, the bankrupt owner of WEEI and other Boston radio stations.

Soros Fund Management, founded by the billionaire backer of Democratic politicians and causes, now has more than $414 million of Audacys debt, according to a court filing this week.

The Soros investment firm appeared on a list of Audacys lenders in the filing out of U.S. Bankruptcy Court for the Southern District of Texas. Bloomberg was the first to report on Soros Fund Management and Audacy.

Soros Fund Management, a New York City-based investment manager for certain funds and accounts, has $279.8 million in term loans and $135 million in revolving credit.

The owner of WEEI and other Boston radio stations filed for prepackaged Chapter 11 bankruptcy at the start of the year, as the companys leader blamed a perfect storm of financial challenges sparking a drop of several billion dollars in radio ad spending.

Meanwhile, the company entered into a restructuring agreement with a supermajority of its debtholders.

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Humble_Novice
02/15/24 11:21:09 PM
#2:


https://twitter.com/EndWokeness/status/1758152908426633346
https://twitter.com/JimBobW49/status/1758324270328164677
https://twitter.com/TheLeoTerrell/status/1758105644832264233
https://twitter.com/MarioNawfal/status/1758151691663184129
https://twitter.com/nypost/status/1757840905577304399

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WingsOfGood
02/15/24 11:23:36 PM
#3:


audacity the program to make mp3s ?
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megamanfreakXD
02/15/24 11:24:30 PM
#4:


People still listen to radio?

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Humble_Novice
02/15/24 11:28:07 PM
#5:


megamanfreakXD posted...
People still listen to radio?
Yes, they do.

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Humble_Novice
02/15/24 11:33:22 PM
#6:


https://twitter.com/zerohedge/status/1758192227040334083

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SaikyoStyle
02/15/24 11:36:25 PM
#7:


Why is this only bad when the left does it?

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hereforemnant
02/15/24 11:40:21 PM
#8:


I'll take it, conservatives have been able to dominate radio for decades & poison discourse & conversation on there for far too long. I'm not a big fan of Soros, but him being a slightly left leaning billionaire is still going to steer stations that way for the betterment & open up actual competition on radio

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King_Rial
02/15/24 11:45:22 PM
#9:


I definitely have a problem with this. But not for the insanely stupid(or antisemitic) reasons conservatives do. I don't like this when any one corporation owns extremely large swaths of media.

But it's very interesting that conservatives have no problem with iHeartMedia(Clear Channel) owning the MOST stations. Soros owning the second most is somehow worst than Bain Capital owning the most.

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gu-gohan
02/16/24 12:06:48 AM
#10:


megamanfreakXD posted...
People still listen to radio?
Absolutely. I have a 20 minutes drive to work and it's perfect to listen to my 2-3 favourite local radio channels.

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Rika_Furude
02/16/24 12:09:45 AM
#11:


megamanfreakXD posted...
People still listen to radio?
Most people who drive do
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AlphaWhelp
02/16/24 12:12:31 AM
#12:


Also conservatives: This is fine
https://www.youtube.com/watch?v=_fHfgU8oMSo

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#13
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#14
Post #14 was unavailable or deleted.
Cemith
02/16/24 12:35:41 AM
#15:


Rika_Furude posted...
Most people who drive do

Genuinely shocked. I can't fucking stand the radio. I've had Spotify premium for over 10 years now.

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shnangyboos
02/16/24 12:38:54 AM
#16:


This will turn into a "billionaires are evil" argument any moment now, I'm sure of it.

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Cemith
02/16/24 12:47:26 AM
#17:


shnangyboos posted...
This will turn into a "billionaires are evil" argument any moment now, I'm sure of it.

Hey it's not our fault conservatives find every little thing to whine about.

I enjoy their tears. They believe in the Soros Boogeyman already, not like this actually changes anything

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mybbqrules
02/16/24 1:25:06 AM
#18:


shnangyboos posted...
This will turn into a "billionaires are evil" argument any moment now, I'm sure of it.
We get it, chud. It's only fair when the right does it.

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