FCC Chairman Brendan Carr will meet with the Republican Study Committee to discuss regulatory concerns over the
recent acquisition of over 200 local radio stations by a firm linked to George Soros. The deal, part of Audacy’s Chapter 11
restructuring, has raised questions about foreign ownership limits and whether the FCC followed proper procedures in approving it.
Critics, including Carr, worry the FCC may have fast-tracked the process, potentially setting a troubling precedent.
Lawmakers and public advocates are also concerned about media consolidation and its effect on viewpoint diversity and public trust in journalism.
The FCC maintains it followed federal guidelines, while Carr is expected to propose ways to improve transparency
and ensure consistent oversight in future media ownership deals.
