Disney puts money on Dems, Clinton
The House of Mouse has given 64 percent of its total political contributions so far in the 2008 election cycle to Dems and has showered Clinton with more Mickeybucks than any other presidential contender this year, according to data compiled by the Center for Responsive Politics.
Disney has shelled out more than $424,585 in political donations during the current election cycle, putting its election spending on track with its 2004 total, the data showed, and maintaining the favoritism it has shown for Democrats since at least 1990.
While Democrats have long controlled the California statehouse, Disney operates its home resort, its profit powerhouse, Walt Disney World resort, in GOP-controlled Florida.
It isn’t saving the money it’s not spending on Republicans either. The data showed the company’s lobbying budget has more than doubled to $4.5 million over the past decade.
In the media world, however, Disney’s aggregate campaign spending was dwarfed by that of Time Warner Inc, which has laid out more than $1 million so far this year mainly to Democrats. If its contributions to the presidential candidates are any indication, the media conglomerate sees Barack Obama as the next Commander-in-Chief — but only by a slim margin.