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Sunday, May 1, 2011

Corporate Donors Dole Out Hefty Sums to Democratic, GOP Governors Associations http://www.opensecrets.org/news/2011/04/corporate-donors-dole-out-hefty-sums.html

During the 2010 election cycle, the RGA raised a total of $117.1 million. Interest groups, corporations and unions accounted for $73.1 million of these contributions to the RGA. And of this sum, $60.3 million (or 82.5 percent) came from businesses, lawyers and lobbyists. According to a Center for Responsive Politics analysis of the top 50 donors to the RGA, 39 are corporate entities, and together, they gave $19 million to support the organization. 

Topping the list of corporate contributors to the RGA is News America, at $1.25 million. News America is a subsidiary of News Corp., a company founded by media magnate Rupert Murdoch. News Corp. is the third largest media conglomerate in the world, and it owns Fox News Channel, the Wall Street Journal and the New York Post, among other publications.  

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