Cite as: 558 U. S. ____ (2010) 3 Opinion of the Court lected program, but here the proposal was to make Hillary available to viewers free of charge. To implement the proposal, Citizens United was pre pared to pay for the video-on-demand; and to promote the film, it produced two 10-second ads and one 30-second ad for Hillary. Each ad includes a short (and, in our view, pejorative) statement about Senator Clinton, followed by the name of the movie and the movie’s Website address. Id., at 26a–27a. Citizens United desired to promote the video-on-demand offering by running advertisements on broadcast and cable television. B Before the Bipartisan Campaign Reform Act of 2002 (BCRA), federal law prohibited—and still does prohibit— corporations and unions from using general treasury funds to make direct contributions to candidates or inde pendent expenditures that expressly advocate the election or defeat of a candidate, through any form of media, in connection with certain qualified federal elections. 2 U. S. C. §441b (2000 ed.); see McConnell, supra, at 204, and n. 87; Federal Election Comm’n v. Massachusetts Citizens for Life, Inc., 479 U. S. 238, 249 (1986) (MCFL). BCRA §203 amended §441b to prohibit any “electioneering communication” as well. 2 U. S. C. §441b(b)(2) (2006 ed.). An electioneering communication is defined as “any broad cast, cable, or satellite communication” that “refers to a clearly identified candidate for Federal office” and is made within 30 days of a primary or 60 days of a general elec tion. §434(f)(3)(A). The Federal Election Commission’s (FEC) regulations further define an electioneering com munication as a communication that is “publicly distrib uted.” 11 CFR §100.29(a)(2) (2009). “In the case of a candidate for nomination for President . . . publicly dis tributed means” that the communication “[c]an be received by 50,000 or more persons in a State where a primary

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