Reply #29: Positive big media is worth more than a few million [View All]

[w4rma]

Media chiefs back Kerry campaign

Owen Gibson
Tuesday February 10, 2004

Fresh from his latest win in Maine, the favourite to challenge George Bush for the US presidency has secured the financial support of some of the most powerful media moguls in the world.

As John Kerry's campaign to secure the Democrat nomination - and with it a crack at the White House - continues to gather pace, it has emerged that it is being bankrolled by key executives from News Corporation, MTV-owner Viacom and Sony.
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Others who have pledged to raise more than $50,000 include the Viacom chief executive, Sumner Redstone, and Sony chairman Howard Stringer, whose name has recently been linked with the vacant chairmanships at ITV and the BBC.
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US political commentators have speculated that Mr Kerry has enjoyed the support of the media community in an effort to head off the challenge of Howard Dean, who has fallen back in the race despite being the frontrunner before the primaries began. Mr Dean made statements last year about wanting to break up media conglomerates.
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http://media.guardian.co.uk/city/story/0,7497,1144464,00.html
http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=132&topic_id=302493