As Jessica Rosenworcel, the Chairwoman of the Federal Communications Commission sees it, the process the FCC used to facilitate the long-awaited license transfer needed to get Audacy Inc.’s emergence from debtor-in-possession status the agency’s regulatory approval “is identical to the one” used for three of its Audio content creation and distribution industry peers — in addition to two TV station ownership groups.
Still, Brendan Carr and Nathan Simington couldn’t be more irate over what detractors of the deal have labeled a “Soros short cut” to gaining financial control — and, to conservatives, editorial control — of Audacy’s radio stations.
