An investment firm founded by billionaire George Soros is looking to ramp up its influence
over a key slice of American broadcasting. Soros Fund Management, which is controlled by Open Society Foundations, has made multiple high-profile media acquisitions over the past two years and, according to sources familiar, is in discussions to purchase even more. Roughly one-third of all media consumed in the United States is in the form of audio and about half of Americans still listen to the radio when traveling in their cars.
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