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Comcast and Time Warner Cable Spend $5 Million Lobbying in Q1
Posted at 6:14 p.m. on April 21, 2014
Two communications companies hoping to gain government approval of the planned merger of their operations, have reported spending $5.02 million lobbying the federal government in the last three months, according to new federal reports.
Comcast Corporation, the largest mass media and communications company, reported spending $3,090,000 lobbying the federal government on all their issues during the first three months of 2014, a decrease from the $4,780,000 spent in the fourth quarter of 2013. During all of 2013, they spent $18,710,000 lobbying. Comcast is also the largest U.S. cable provider.
The Comcast Corporation & NBCUniversal PAC- Federal reported it gave out $295,000 to federal candidates during March. During January they gave out $165,500. During February they gave out $97,500. For 2013 and the first two months of 2014, the PAC gave out $1,693,500 – with Democrats receiving 52%. View financial profile.
Time Warner Cable, the second largest cable company behind Comcast Corporation, reported spending $1,930,000 lobbying the federal government on all their issues during the first three months of the year, a decrease from the $2,490,000 they spent in the fourth quarter of 2013. During all of 2013, they spent $8,290,000 lobbying.
The Time Warner Cable Federal PAC reported contributing $60,500 to federal candidates and committees during March. During January they gave out $33,500. During February they gave out $29,060. For 2013 and the first two months of 2014, the PAC gave out $576,3999 to federal candidates and committees, with each party getting 50%. View financial profile.
Other organizations lobbying on the merger include the National Association of Broadcasters, which reported spending $5,280,000 – an increase from the $3,800,000 they reported spending in the fourth quarter of 2013. CBS Corporation reported overall lobby spending in the first quarter of $2,220,000 – an increase from the $840,000 reported for the fourth quarter of 2013.
To search detailed money-in-politics databases, visit Political MoneyLine.