Fox News and Wall Street Journal parent company News Corp donated $1 million to the Republican Governors Association in June, Bloomberg BusinessWeek reported.
The media conglomerate, controlled by Chairman and CEO Rupert Murdoch, took advantage of the unlimited donations corporations can give to governors’ associations (from Bloomberg BusinessWeek):
The Republicans’ biggest corporate donor was New York-based News Corp. Teri Everett, a spokeswoman, said the company “actively supports organizations that advocate a pro-job, low tax, economic growth agenda.”
News Corp. opposes proposed federal rule changes that would weaken the position of its Fox network in negotiations with cable companies. Governors may have a stake in the issue. In March, for example, New York Governor David Paterson stepped in with a call for binding arbitration in a dispute over fees between Bethpage, New York-based Cablevision Systems Corp. and Burbank, California-based Walt Disney Co.’s ABC.