This video is the film OUTFOXED: Rupert Murdoch’s War on Journalism.
From Think Progress in the USA:
News Corporation Shareholders Rebel Against Company’s Political Donations
In August, News Corporation — the media company owned by right-wing tycoon Rupert Murdoch and the operator of Fox News — gave $1 million to the Republican Governors Association. Several weeks later, it donated another $1 million to the U.S. Chamber of Commerce.
When asked about the RGA donation, Rupert Murdoch explained: “It had nothing to do with Fox News. The RGA [gift] was actually [a result of] my friendship with John Kasich.” As ThinkProgress’ Ian Millhiser reported, there are laws against corporate managers treating a publicly-traded corporation as if it were their own personal bank account. The Supreme Court in Delaware, where News Corp. is incorporated, has made it clear that “[c]orporate officers and directors are not permitted to use their position of trust and confidence to further their private interests.”
Now, shareholders may be taking notice of the potential illegality outlined by Millhiser. The New York Times reported today that The Nathan Cummings Foundation, a shareholder of News Corp., wrote a letter to the company’s board objecting to the company’s political donations, and warned against the use of “corporate treasury funds to further the personal political agendas of corporate management.”
Former FOX News employee sues, says fired b/c he complained about “racist, sexist, and extremely offensive comments”: here.
30 Fox News personalities have publicly supported Republicans: here.
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