Media companies are some of the most active companies in the country when it comes to lobbying politicians. A big part of lobbying is donating money to political campaigns. With the DNC and RNC right around the corner, I thought it would be a good time to look and see which politicians the media companies have been donating to during the 2012 cycle through their PACs.
Some disclaimers: different companies donate different amounts of money through their respective PACs. Comcast gave over $2,000,000 this cycle, compared to CBS, which gave a relatively paltry $100,000. In addition, many of the recipients are, not surprisingly, members of the House and Senate committees and subcommittees that oversee media and technology businesses. All of the data was culled from OpenSecrets.org.
Comcast: The owner of NBCUniversal was by far the largest donor in the media space, giving over $2 million to politicians this cycle. It was also very even with regards to where it spent its money, giving $1.06 million yo Democrats, and $965,000 to Republicans. Most of the money went to party leaders in both houses, as well as committee members, and representatives in states where it has a large cable footprint. The CEO of Comcast, Brian Roberts, and the CEO of NBCUniversal, Steve Burke, both donated money to Democratic PACs and politicians.
News Corp: Read more