Joe-bob
2k posts, incept 2007-09-18
I'd make the distinction that if a corporation is PURELY media ie newspaper, television, radio, online news/blog, then it is The Press.
If however said tv station is owned by a ginormous multinational conglomerate, then it is not The Press.
So if Goldman Sachs BUYS a film making LLC and makes films supporting themselves, then that is not the press.
If employees OF Goldman Sachs create a seperate company that makes a film supporting Goldman Sachs using their own personal money, that is the press.
If employees of Goldman Sachs create a seperate company and find a way to funnel tons of money from Goldman Sachs into the film company or use Goldman Sachs in some way to promote the movie, then that is not the press.
Or for instance, if employees of Goldman Sachs wish to form a group of citizens involved in political action, then they need to form a seperate POLITICAl group using their own personal resources. The funds from the Goldman Sachs corporation, however, should not be allowed to be funneled into this organization, as political activity is not the purpose of incorporation privileges.
----------