James murdoch, the youngest son of the News Corp billionaire Rupert, is known for donating to Democratic causes, an outlier in his immediate, otherwise conservative family. But according to a new report, it contributed even more to the 2020 election cycle than was previously supposed. Murdoch invested $ 100 million in his nonprofit foundation, Quadrivium, “which then gave a portion of the money to political groups in the 2020 election cycle,” CNBC reported Tuesday. The massive donation, discovered in a 2019 tax return, is reportedly the largest that Murdoch and his wife, Kathryn, have given to their foundation since their founding in 2014 – or to any political endeavor.
More than $ 25 million of the $ 100 million investment went to grants, including for some political causes. The donation reportedly represents only a fraction of what the couple contributed to the 2020 election cycle as a whole; It adds to the millions they gave to campaigns and political action committees, including those supporting Biden, making it clear “how much they were spending behind the scenes to impact the election,” according to CNBC.
James and Kathryn’s $ 100 million donation came on the same day that James Murdoch’s tenure as CEO of 21st Century Fox ended, when Disney bought the majority of the company for $ 71 billion in March 2019. James left the board of directors of the family media empire last July. , citing “Disagreements about certain editorial content published by the Company’s media and certain other strategic decisions.” And as he has continued to invest in efforts to protect voting rights and fight climate change, his brother Lachlan Murdoch he’s been running Fox News, spreading pro-Trump disinformation and climate denialism.
In the aftermath of the elections the young Murdoch helped fund, his father and brother veered further to the right in an attempt to save audience ratings and compete with more fringe outlets, such as Newsmax, which rose by telling viewers the pro-Trump lies they wanted. hear. New details from Brian Stelter‘s Joke reveal the extent to which changes to Fox’s post-election programming, including prioritizing opinion shows over the newscasts and making sure the new lineup was far enough to the right to appeal to Trump’s increasingly radical base, came from above. “These were all [Rupert] Calls from Murdoch, “said a Fox host, referring to Martha MacCallumThe 7pm departure from his booth, for which a rotation of new opinion talent began auditioning. Along with other lineup changes, the network found a place for the former White House press secretary. Kayleigh McEnany, favored conservative guests over more moderate taxpayers, and amplified the propaganda that its star Tucker carlson constantly broadcast in prime time.
Lachlan, Carlson’s ally in the executive suite, was apparently denying the changing dynamics when he addressed investors in February, Stelter notes. “We believe that where we are aimed, the center-right, is exactly where we should be aimed,” said the Fox Corp CEO, stating that “we don’t need to go any further to the right.” Of course, Fox had already done so and would continue to do so for the days and weeks to come. “We swung so far to the right that we went crazy,” one commenter told Stelter, who notes that even if, as another commenter put it, “Fox is a really different place than it was before the election,” the changes have proven to be lucrative. Because the Murdochs continue to lead the charge: Fox’s ratings are once again outpacing those of all cable networks.
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