FCC Chair to Address Lawmakers Over Media Ownership and Soros-Linked Radio Deal
FCC Commissioner Brendan Carr will brief Republican lawmakers this week on concerns over media consolidation following a major radio station acquisition involving Soros Fund Management. The deal, tied to Audacy’s bankruptcy restructuring, includes over 200 local stations. Carr is expected to question whether standard foreign ownership review procedures were bypassed, potentially setting a troubling regulatory precedent. The meeting underscores growing concern about transparency and political influence in media ownership. While FCC leadership defends its process, lawmakers stress the importance of protecting local journalism and public trust as media oversight comes under fresh scrutiny ahead of the 2026 election cycle.
