Report: Media Companies Heavy Donors to Obama Campaign

Thursday, 23 Aug 2012 08:11 PM

By Todd Beamon

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The nation’s leading media companies have donated more heavily to President Barack Obama than his presumptive Republican rival, Mitt Romney.

The companies, many of which are based in NewYork, were primarily driven by their Hollywood film and television businesses, according to the Open Secrets website of the Center for Responsive Politics (CRP), a nonprofit Washington-based research group.

News of the donations was published in The New York Times.

The center’s numbers represent donations by a company’s PAC and any employees who listed that company as their employer, The Times reports.

Editor's Note: Will Obama Be Defeated? Vote Here!

For instance, Rupert Murdoch’s News Corporation, has contributed $58,825 to Obama’s campaign, compared with $2,750 to Romney. The company owns Fox News, The Wall Street Journal, The New York Post and the 20th Century Fox studios.

That was roughly the same amount of money News Corporation gave Romney’s Republican primary competitors Rick Perry and Ron Paul, The Times reports.

In addition, News Corporation has donated $504,162 to individuals, Super PACs and candidates in 2012, according to CRP’s website. Eight of the 10 top recipients of that cash are Democrats – even though Murdoch’s personal contributions generally favor Republicans.

By comparison, News Corporation contributed $380,558 to Obama’s campaign in 2008, versus $32,740 to Republican nominee Arizona Sen. John McCain.

This election cycle, other media companies have contributed more to Obama, including Time Warner, owner of CNN and Time Inc. The company, which also owns Warner Brothers and HBO, has contributed $191,834 to Obama, compared with $10,750 to Romney.

The Walt Disney Company, based in Los Angeles and which owns ABC and ESPN, donated $125,856 to Obama and $9,950 to Romney.

Meanwhile, Comcast Corporation, the Philadelphia-based owner of NBCUniversal and one of the biggest spenders on lobbying in Washington, has given $206,056 to Obama and $20,500 to Romney, The Times reports.

Editor's Note: Will Obama Be Defeated? Vote Here!


© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Sen. Elizabeth Warren's New Book Skewers White House Boys Club

Friday, 18 Apr 2014 11:26 AM

Massachusetts Sen. Elizabeth Warren's new book skewers the boys club who basically ran the nation's fiscal policy in the . . .

Obamacare Falls Short in Enrollees Age 18-35 With a Low 28%

Friday, 18 Apr 2014 10:32 AM

The Obama administration has announced that the number of people age 18-35 enrolled in Obamacare is 28 percent — a figur . . .

North: 'Unconscionable' for NYT to Link Veterans to Klan

Friday, 18 Apr 2014 09:32 AM

It was "unconscionable" for The New York Times to publish an op-ed piece linking U.S. veterans to the Ku Klux Klan, basi . . .

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved