Tag: Soros Fund Management

Soros Fund Sets Its Sights on a New Target – America’s Airwaves

Connecticut Star Staff
George Soros

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 (OSF), has made multiple high-profile media acquisitions over the past two years and, according to sources familiar who spoke with Semafor, 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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Vice Media Files for Bankruptcy to Ease Sale to Investors Including Soros Fund Management

Just the News

Soros Fund Management (SFM) and other investors will buy Vice Media for about $225 million after the media company filed for bankruptcy protection Monday.

The digital media company was once valued at $5.7 billion, but is now relying on funds from bidders to continue operations until its sale is finalized in the next two to three months, according to a Monday press release. SFM was founded and is chaired by left-wing billionaire and philanthropist George Soros and is the principal asset manager for the Open Society Foundations, of which Soros is the founding chair.

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