The Federal Communications Commission has approved a controversial deal: it gives control of more than 200 radio stations to ...
Audacy Inc., the bankrupt radio broadcaster, won regulatory approval for the transfer of its licenses to a nonprofit funded ...
The decision has drawn criticism from Republicans, who say the FCC broke with established procedure to push the deal through.
Audacy will continue to focus on sports radio and podcasts, buoyed by assets acquired in a merger with CBS Radio in 2017.
Politically progressive financier Soros would become largest shareholder in Audacy, owner of six St. Louis stations, which ...