August 04, 2004
According to information from the Kerry campaign, NewsCorp President Peter Chernin has endorsed Democratic candidate John Kerry for President.Appearing on FNC's Your World with Neil Cavuto, this afternoo, Chernin said he was not anti-Bush but explained why he thought News Corp. would benefit from a Kerry presidency.
"I think the two things that will be most important to News Corp is--one is education. We're a company where we don't manufacture anything. We depend on ideas. We essentially export ideas around the world and our ability to create those ideas is based on a highly educated creative workforce and so I think more than anything education is the thing that will be of greatest value to News Corp.Mind you this comes on the heels of a letter from 38 Democratic memebers of Congeress demanding that Fox's Chairman and CEO Rupert Murdoch meet with them regarding Fox News Channel's supposed Republican "bias" in their reporting." I think the other thing is a real global focus, a focus on, you know, it's a world-wide market of 5 billion people, and I think the more this country looks outward and develops close relationships with economies and countries around the world, I think it creates bigger markets for our products and our ideas.
"This democracy is about making choices," he said, "and my choice is that I believe that Mr. Kerry can do a good job moving our economy forward."
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