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Saturday, August 25, 2012

Surprised? News Corp. Donates More To Democrats Than Republicans

Not news: Reading that major media outlets donate more to Democrat candidates than Republican candidates.

News: Learning Media tycoon Rupert Murdoch’s News Corporation (which owns The Wall Street Journal, The New York Post, the 20th Century Fox studios, and Fox News) donates much more to Democrats than Republicans.

Really?

“All the major media companies, driven largely by their Hollywood film and television businesses, have made larger contributions to President Obama than to his rival, former Gov. Mitt Romney,” The New York Times reports, citing the nonprofit Center for Responsive Politics.

“The center’s numbers represent donations by a company’s PAC and any employees who listed that company as their employer,” the report adds.

But Rupert Murdoch’s News Corp.?

“In 2008, News Corporation contributed $380,558 to Mr. Obama’s campaign, compared with $32,740 to the Republican nominee John McCain [emphasis added],” according to the report.

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