Top pay-TV operators spent 49M on lobbying in 2015, Open Secrets says
The top eight pay-TV operators spent more than 49 million on lobbying in 2015, according to figures recently posted by the non-partisan research group Open Secrets.
Comcast (NASDAQ: CMCSA) led all companies in the telecom industry in terms of spending on government influencing efforts, spending over $15.6 million, according to the organization.
The broader umbrella group the National Cable Telecommunications Association came in second, spending $14.2 million. Time Warner Cable ($6.8 million), Charter Communications ($4.2 million), Cox Communications ($3.6 million), Dish Network ($1.5 million) and AT&T ($1.5 million) also ranked in the top 10.
All told, Open Secrets has the U.S. telecom sector spending around $88 million last year on government influence.
The big question: Where's Google (NASDAQ: GOOG) in all of this?
Notably, Open Secrets says Alphabet Inc., the holding company for Google, spent $16.6 million on lobbying in 2015.
- read this Open Secrets post
UPDATE: This story was updated on March 1 to reflect a clarification on Google.