Monday, November 3, 2008

Presidential Campaign Contributions

As we round third and enter the home stretch of the presidential election, one can’t help but ask: should media CEOs contribute to political campaigns?

Giving money to one candidate or another is a big journalist no-no for reporters and editors. What about the men who own the companies? And yes, I said men because, well, the CEOs are mostly male.

Editor & Publisher said Sam Zell, the man at the helm of the Tribune Co., gave at least $40,000 to Republican presidential nominee John McCain.

The money didn’t seem to influence presidential endorsements by Tribune newspapers, including The LA Times and Chicago Tribune. Both endorsed Democratic presidential nominee Barack Obama.

Zell wasn’t alone in his campaign generosity. Rupert Murdoch, publisher of the Wall Street Journal, gave $2,300 to McCain, according to E & P.

Still, it makes you wonder just how far up the media, food chain do those pesky journalistic standards stretch. Apparently, not to the man signing the checks.

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