News Corp. reports $125K in 2011 political giving

News Corp. reports $125K in 2011 political giving


Ohio — Under assault in a phone hacking scandal, News Corp. has met a self-imposed deadline for reporting its 2011 political contributions online.

On Friday, the media company reported a little more than $125,000 in donations, with the biggest single gift of $25,000 going to the Democratic Governors Association.

The company’s board approved a new disclosure policy for its political giving in April after two donations by Rupert Murdoch, the Australian mogul who controls the company, raised concern among shareholders. Murdoch gave $1 million to the U.S. Chamber of Commerce and $1.25 million to the Republican Governors Association. He said the RGA contribution was intended to help Republican John Kasich (KAY’-sik), a former commentator on News Corp.’s Fox News. Kasich won the governorship.

Related posts:

  1. James Murdoch: News Corp to Apologise to the Nation Over Phone Hacking
  2. News of the World Closed: Rupert Murdoch said on Saturday it was “a collective decision”
  3. EBay Rises In 2011 Revenue, Forecasting Future Profit
  4. Tuesday is Business Big Event Day
  5. Dow Jones CEO Resigns, Murdoch Apologizes To Family Of Murder Victim