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BumRushDaShow

(143,747 posts)
30. The FCC approved it September 30, 2024
Sat Nov 23, 2024, 01:57 PM
Nov 23
FCC Approves License Transfer to New Audacy

STATEMENT

Federal Communications Commission FCC 24-94


STATEMENT OF
CHAIRWOMAN JESSICA ROSENWORCEL

Re: In the Matter of Audacy License, LLC, as Debtor-in-Possession (Assignor) and Audacy License, LLC (Assignee) Application for Consent to Assignment of Licenses, Memorandum Opinion and Order, Application File Nos. 0000241074 et al.

In this decision, we approve the assignment of licenses held by Audacy, which has been under the control of a bankruptcy court, to the new Audacy, so that the company can emerge from bankruptcy proceedings. The process we use to facilitate this license transfer is identical to the one recently used by the agency in the bankruptcy proceedings of Cumulus Media in 2018, iHeart Media in 2019, Liberman Television in 2019, Fusion Connect in 2019, Windstream Holdings in 2020, America-CV Station Group in 2021, and Alpha Media in 2021. To suggest otherwise is cynical and wrong, as this precedent clearly demonstrates. Our practice here and in these prior cases is designed to facilitate the prompt and orderly emergence from bankruptcy of a company that is a licensee under the Communications Act.

Recommendations

2 members have recommended this reply (displayed in chronological order):

Everything is a joke to them. Time to have fun and go wild. Irish_Dem Nov 23 #1
bunch of 14 year old "bros" lapfog_1 Nov 23 #6
Spoiled, entitled nepobabies. Drug addicts and criminals. Irish_Dem Nov 23 #10
That makes them 50X more dangerous. The Grand Illuminist Nov 23 #37
Yes they are quite dangerous. Irish_Dem Nov 23 #38
Simple...MSNBC can tell Eloon that the asking price is $200 BILLION. Laugh that one off Musk.... Bengus81 Nov 23 #31
Elon is now worth $321 million as of Fri womanofthehills Nov 23 #35
Doubt he would spend 40% of his wealth just to "own the libs" Bengus81 Nov 24 #40
Fascists to the core!!! geojazz Nov 23 #2
This made me sick to my stomach when i read a headline this morning onetexan Nov 23 #3
Just what we need, billionaires playing with their little hobbies Walleye Nov 23 #4
I have to admit I'm a wee bit concerned about this. Tadpole Raisin Nov 23 #5
Me, too. Scary as hell. n/t Peregrine Took Nov 23 #8
It's actually always been that way, right now their simply being more blatant about it rather than pretending. cstanleytech Nov 23 #9
Right wing billionaires buy up papers radio stations and other media outlets and liberal billionaires donate to charity BumRushDaShow Nov 23 #11
Somebody needs to whisper in their ear to buy MSNBC Tadpole Raisin Nov 23 #13
Right now, the closest that we are right now BumRushDaShow Nov 23 #22
Rec x 1000. nt Tadpole Raisin Nov 23 #24
I hope this goes through. ificandream Nov 23 #29
The FCC approved it September 30, 2024 BumRushDaShow Nov 23 #30
Me too. City Lights Nov 23 #20
This is what happened in Ukraine samplegirl Nov 25 #41
Such a thing I hope would be blocked I would hope 😡 cstanleytech Nov 23 #7
blocked by who, exactly? lapfog_1 Nov 23 #14
Just like in Russia only Putin friendly news kimbutgar Nov 23 #17
Just what we don't need. greatauntoftriplets Nov 23 #12
you mean MORE drumpf state TV lapfog_1 Nov 23 #15
Democratic underground should buy it. Stpaoulboy Nov 23 #16
I will throw in some money lapfog_1 Nov 23 #18
I love Steve Kornacki Polybius Nov 23 #21
I intensely dislike his rolled up sleeves and dramatic "big board" play by play lapfog_1 Nov 23 #23
He may not be a data scientist, but a good cook doesn't have to go to chef school Polybius Nov 23 #26
That would take an enormous amount of continuous fundraising. milestogo Nov 23 #19
Price? 44 Billion. Sogo Nov 23 #25
$6 billion Bobbingsworth Nov 23 #27
I was making reference to the price he paid for Twitter. Sogo Nov 23 #28
If they do, we'll just abandon MSNBC to the right wing trolls and switch to another network or podcast. SunSeeker Nov 23 #32
Exactly..they're too stupid to see it isn't failing because no one wants honest journalism...it's failing because they PortTack Nov 23 #34
No one except musk and the rt will watch. Rupert has seen others try to dethrone him..hasn't worked PortTack Nov 23 #33
Wanna buy MSNBC? Then dissolve your precious DOGE and get the fuck out of government, Elon. Karasu Nov 23 #36
Mark Cuban and Oprah could step in. OneCrazyDiamond Nov 23 #39
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