Estimated reading time: 4 minutes
Source : https://www.allsides.com/news/2024-02-17-0258/media-industry-billionaire-soros-become-biggest-stockholder-us-radio-company
The Details
So, let’s dive right in, folks! George Soros, infamously known by some as the boogeyman of the far-right’s deepest, darkest nightmares, has now decided that owning a chunk of the airwaves might just tickle his fancy. That’s right, the billionaire who’s got his fingers in more pies than a bakery shoplifting ring has now snapped up enough stock in a US radio company to make him the biggest shareholder. Move over traditional media moguls, there’s a new kid on the block, and he probably reads more economic briefs before breakfast than any of us read… ever.
The Breakdown
- Soros Swings into the Radio Realm
Oh, isn’t it cute? Soros has found a new shiny thing to play with. Radio. Because when you’re bored of manipulating global economies, a little dabble in radio broadcasting is just what the therapist ordered. - Billionaire’s Hobby or Media Masterstroke?
Who needs a yacht or a private island when you can have a radio station? Obviously, radio waves are much more fulfilling than sea waves. Plus, they’re great for sending subliminal messages, like telling people to eat more kale. - Old Man Buys Old Media
In an era of TikTok and viral videos, Soros goes retro. Because nothing screams “21st century” like AM/FM radio. It’s the hipster choice—for those born in the 1930s. - Stock Prices React with a Shrug
The stock market, infamous for its emotional stability, reacted to the news with the equivalent of a half-hearted shrug. Apparently, Soros buying stocks is as shocking as finding out water is wet. - Media Watchdogs Wake from Nap
And then we have the media watchdogs, suddenly perking up their ears because Soros is sticking his nose in. Good to see they’ve finally woken up from their long hibernation.
The Counter
- Soros Hates Money
I know, it’s hard to believe someone who makes a hobby out of collecting billions actually despises the stuff. Buying into radio is clearly just his way of getting rid of some. Charitable guy!
- Talk Radio to Go Full Zen
With Soros at the helm, expect radio to transition into a 24/7 cycle of peaceful meditation music and guided imagery. Talk shows? Pfft. More like ‘tune in and zone out’.
- Tech-Savvy Teens Flock to Radio
Watch as the youth abandon their smartphones and gaming consoles to gather round the family radio set, eagerly tuning into SorosFM for their latest meme updates and TikTok trends.
- Soros as a Free Spirit
Soros, that well-known whimsical free spirit, just threw a dart at a board of investment opportunities. Radio landed a bullseye. Could’ve been alpaca farming, but hey, we’re here now.
- Stonks Only Go Up
If there’s one thing we’ve learned from the meme stock saga, it’s that the stock market always behaves rationally and predictably. Soros knows this—the man’s turning radio into the next GameStop.
The Hot Take
Alright, team, here’s the blazing, hot liberal ladle of soup I’m serving up: If you want to fix the problem of media consolidation and the death grip tight hold of the few, maybe, I don’t know, we stop letting billionaires buy everything? Just throwing it out there—I mean, I’m no genius, just a comedian with a penchant for the sarcastic truth.
Let radio be the voice of the people again; let’s have fewer ads on who’s the best at screwing the public and more on whose turn it is to bring cookies to the next neighborhood meeting. And if all else fails—nationalize Lewis Black’s rantings. I guarantee a drop in blood pressure or your money back.
