News Corp. Discloses Corporate Political Contributions

[babylonsister]

http://mediamatters.org/blog/201107150027

News Corp. Discloses Corporate Political Contributions

July 15, 2011 4:28 pm ET by Sarah Pavlus


Today, News Corporation publicly disclosed the corporate political contributions it made from January 1 through June 30 of this year.

The disclosure comes as part of a new company policy established earlier this year -- following shareholder pressure -- "to to publicly disclose corporate political contributions annually on News Corporation's corporate web site."

The Nathan Cummings Foundation -- a private foundation and News Corp. shareholder -- caused a stir at the company's annual meeting last October with its request that the board "disclose to shareholders the use of corporate assets for any and all political spending" in light of news reports at the time that News Corp. had donated $1 million each to the Republican Governors Association (RGA) and the GOP-leaning Chamber of Commerce.

(An RGA disclosure report later revealed News Corp. had donated an additional $250K to that group.)

You can view a list of the donations on News Corp.'s website here:

http://www.newscorp.com/corp_gov/2011CorporatePoliticalContributions.pdf

[fascisthunter]

1. KABOOM!

[mucifer]

2. if it's not illegal it doesn't matter. Is it illegal?

Everyone knows they are not fair and balanced.

[slay]

3. We MUST get corporate money out of politics

n/t