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Why is George Soros spending multi-millions on Media Organizations?

When liberal investor George Soros gave $1.8 million to National Public Radio , it became part of the firestorm of controversy that jeopardized NPR’s federal funding. But that gift only hints at the widespread influence the controversial billionaire has on the mainstream media. Soros, who spent $27 million trying to defeat President Bush in 2004, has ties to more than 30 mainstream news outlets – including The New York Times, Washington Post, the Associated Press, NBC and ABC.

Prominent journalists like ABC’s Christiane Amanpour and former Washington Post editor and now Vice President Len Downie serve on boards of operations that take Soros cash. This despite the Society of Professional Journalists’ ethical code stating: “avoid all conflicts real or perceived.”

This information is part of an upcoming report by the Media Research Centers Business & Media Institute which has been looking into George Soros and his influence on the media.

The investigative reporting start-up ProPublica is a prime example. ProPublica, which recently won its second Pulitzer Prize, initially was given millions of dollars from the Sandler Foundation to “strengthen the progressive infrastructure” – “progressive” being the code word for very liberal. In 2010, it also received a two-year contribution of $125,000 each year from the Open Society Foundations. In case you wonder where that money comes from, the OSF website is www.soros.org. It is a network of more than 30 international foundations, mostly funded by Soros, who has contributed more than $8 billion to those efforts.

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Since 2003, Soros has spent more than $48 million funding media properties, including the infrastructure of news – journalism schools, investigative journalism and even industry organizations.

And that number is an understatement. It is gleaned from tax forms, news stories and reporting. But Soros funds foundations that fund other foundations in turn, like the Tides Foundation, which then make their own donations. A complete accounting is almost impossible because a media component is part of so many Soros-funded operations.

This information is part of an upcoming report by the Media Research Centers Business & Media Institute which has been looking into George Soros and his influence on the media.

It turns out that Soros’ influence doesn’t just include connections to top mainstream news organizations such as NBC, ABC, The New York Times and Washington Post. It’s bought him connections to the underpinnings of the news business. The Columbia Journalism Review, which bills itself as “a watchdog and a friend of the press in all its forms,” lists several investigative reporting projects funded by one of Soros foundations.

The “News Frontier Database” includes seven different investigative reporting projects funded by Soros’ Open Society Institute. Along with ProPublica, there are the Center for Public Integrity, the Center for Investigative Reporting and New Orleans’ The Lens. The Columbia School of Journalism, which operates CJR, has received at least $600,000 from Soros, as well.

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