GekeVenn: DISNEY

in #corporatism6 years ago

As discussed yesterday, a battle between Disney and Comcast is developing over the acquisition of 21st Century Fox. Disney is also a lobbying heavyweight, but spends much less than Comcast. While the latter paid over $4 million in lobbying expenditures just this year, Disney has only spent $850,000.

The most noteworthy connection between government and Disney is Caroline Sunshine, a former actor on the Disney Channel show “Shake It Up.” She recently joined the Trump White House Press Office as a press assistant.

In 2016, Disney did something a few other corporations have also done: asked its employees to help pay for the company's lobbying. In a letter to Disney employees Bob Iger explained that Disney was lobbying on the issues of copyright law and lowering the corporate tax rate.

The letter suggested a donation to DisneyPAC, saying the following: “For your convenience, DisneyPAC has implemented a payroll deduction system, through which your contributions to the PAC will be deducted from your weekly paycheck.” The letter also stated that jobs wouldn't be affected by a failure to donate.

Note that Richard Bates, who holds the top in-house lobbying position at Disney, was also the executive director of the Democratic Congressional Campaign Committee.

div8.jpg

Sort:  

Damn, Dennis Hightower...what a cool name for a CEO

I was a kid in Orlando when they almost went under then were almost rescued by a Japanese firm. Now their the 800# gorilla. Why when companies get big do they feel it is ok to throw their weight around with the government?

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.032
BTC 63754.85
ETH 3055.95
USDT 1.00
SBD 3.85